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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. ....
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 . ....