BRIEFING: Snap analysis of LME's first commitment of traders report

Metal Bulletin has scanned the LME's first release of commitment of traders reports. These are the key points we picked up

In absolute terms of the number of entities involved, there is more money manager (fund) interest in aluminium, zinc and nickel than there is in copper at present. Broker dealers were longer in lead (58.3%) and aluminium (54.7%) than in the other major base metals on August 1, the most recent date for which the LME made data available. In terms of moving the price, broker-dealers held the most sway...

Published

Mark Burton

August 05, 2014

13:08 GMT

London