Mercuria to withdraw 100,000 t from LME warehouses- 22 september 2025
Large removal planned despite backwardation, signaling tight supply.Summary :Trader’s holdings totaled 426,000 tons as of September 4 Mercuria indicated it will cancel 100,000 tons for delivery Industry sources say move is unusual in backwardated market Link of full article : https://www.reuters.com/markets/commodities/mercuria-plans-take-large-amounts-aluminium-lme-storage-sources-say-2025-09-16/?utm_source=chatgpt.com