The LME has proposed changes to load-in/load-out (Lilo) rules that would increase the decay factor of metal stocks, a parameter that affects the rate at which queues are reduced, to 1 times from 0.5 times effective August 1. The doubling in the rate at which metal can leave the exchange’s warehouses is aimed at lessening the impact of structural queues.
The measure should help the warehousing network cope with a sudden rise in demand, LME head of business development Matthew Chamberlain told...
