Q+A-Spotlight on LME metals warehousing operations

Newswire

By Melanie Burton LONDON, May 27 (Reuters) - The London Metal Exchange's warehousing system, which critics say is not working and may be inflating prices, is under fire on several fronts. Following complaints from consumers about difficulty in accessing metal, an independent report commissioned by the LME into delivery bottlenecks was released on Friday and advised that large warehouses should be required to increase the minimum tonnage flowing out each day. [ID:nLDE74Q12P] Separately, ...

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