I’ve been watching the steady decline in LME stocks. Dramatically lower than it was 5 years ago. It was over 800.000 tons. Now we are about 50,000. Huge difference.
I don’t know what warehouse supplies in China.
I don’t know if the demand has dropped. Are we using less?
This company has been buying their own stock since December at these low prices.
I must admit I must be overlooking something that is keeping it down