The 30-day queue at the warehouse is for aluminium, copper, lead and zinc. This is up from
10 days at the end of August.
The original queue built up due to fresh cancellations in Busan. From August 23 to August 29, over 30,000 tonnes of copper was canceled at LME sheds in Busan, which could have contributed to the queue.
There were more cancellations during the following month; 13,350 tonnes on September...