LME data shows 748-day wait for Al in Pacorini’s Vlissingen sheds

There was a 748-day wait to withdraw aluminium from Pacorini’s warehouses in Vlissingen at the end of April, according to the London Metal Exchange.

The LME has previously only provided aggregate, anonymised readings of the volume of material cancelled in any given location, but it pledged to release per-company data as part of sweeping reforms to its warehouse network. The new figures published on Monday May 12 show queues at warehouses operated by three different companies in four locations: Pacorini in Vlissingen, Metro...


Mark Burton

May 13, 2014

12:09 GMT