Column – Scarcity changes the LME warehousing game: Andy Home
By Andy Home LONDON (Reuters) - The London Metal Exchange's (LME) global warehousing network is shrinking rapidly. Over the past year the number of re...
Source: wkzo.com
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Column: Scarcity changes the LME warehousing game
Scarcity in the physical supply chain has drained metal away from the exchange, hitting rental revenue for storage suppliers, writes Andy Home.
Source: mining.com
Judge OKs Aluminum Antitrust Deal With JPMorgan, Goldman
A New York federal judge has signed off on a deal between Goldman Sachs, JPMorgan and two major manufacturers of aluminum products to end claims that the Wall Street giants conspired with metal warehouses to "squeeze up the premiums" for the commodity.
Source: law360.com
LME warehousers slash capacity as metal stocks drain away: Andy Home | Hellenic Shipping News Worldwide
Glencore’s decision to sell its warehousing and logistics business looks like a well-timed call on the metals storage market. It bought Access World in 2010 in the wake of the financial crisis, which generated a surge of metal, particularly aluminium, into London Metal Exchange (LME) warehouses. Total LME inventory of all metals mushroomed from 3.41 ...
Source: hellenicshippingnews.com
On a dual-listing mission
Infinity Logistics keen to tap into local capital market
Source: thestar.com.my