https://www.reuters.com/article/china-metals-ahome/rpt-column-chi...

https://www.reuters.com/article/chi...-low-lme-metal-stocks-andy-home-idUSL5N20N6CB



If you’re wondering why London Metal Exchange (LME) stocks of metals such as copper and zinc are so low, part of the answer lies with the current strength of Chinese imports.
LME copper stocks, excluding metal awaiting load-out, currently total a meagre 21,600 tonnes, the lowest since 2005.
There are just 52,650 tonnes of “live” LME zinc stocks, a level not seen this century.
Lead can be added to the list of disappearing visible inventory. After two consecutive days of heavy cancellation activity, “live” LME stocks have fallen to 44,150 tonnes, close to January’s multi-year low of 40,775 tonnes.

The LME sure got tongues talking !