Metal stockpiles shrink as energy prices hit production

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Published : April 23rd, 2022
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Financial Times/Neil Hume/4-12-2022

“Inventories of aluminum, copper, nickel and zinc — four of the main contracts traded on the London Metal Exchange — have plunged by as much as 70 percent over the past year, as traders and big consumers have tapped warehouses for material.”

USAGOLD note: Another layer of the hidden crisis building in the commodities trade and the inflation crisis building in the global economy ……

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