* Demand uptick priced into metals, fundamentals ignored * Holiday slowdown likely to push cancelled warrants lower By Michael Taylor LONDON, June 30 (Reuters) - London Metal Exchange stocks are falling while the share earmarked for delivery is rising, but these signs of strong demand for metals are having little impact on price as the market looks to a downturn ahead, analysts said. The drop in overall inventories and rise in cancelled warrants -- material earmarked for delivery -- ...
Premium Content (PAID Subscription Required)
"ANALYSIS-LME stocks show demand, but summer downturn seen" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642
Current subscribers, please login or CLICK for support information.