US CFTC still monitoring aluminium warehouse queues

A senior US regulator said the authorities are still monitoring lengthy queues to access aluminium stored in warehouses and are working with consumers, the UK regulator, plus the London Metal Exchange and its owner.

Timothy Massad, chairman of the Commodity Futures Trading Commission (CFTC), told a US House Committee on Agriculture in Washington DC that end-users were still concerned about the queues. “Another issue of concern to end-users that we are focused on pertains to the long queues for delivery of aluminium at warehouses in this country licensed by...

Published

Andrea Hotter

February 12, 2015

15:53 GMT

New York