199-day queue for aluminium at Istim warehouses in Port Klang

The waiting time to deliver out aluminium at Istim’s London Metal Exchange-registered warehouses in Port Klang, Malaysia, rose to 199 days at the end of April, according to the LME’s latest queue report.

This is up from 183 days at the end of March when the queue built up due to large cancellations on the LME.
A total of 836,735 tonnes of aluminium sits in Istim warehouses in Port Klang. During April, zero tonnes were delivered in, while just 73,500 tonnes were delivered out.

More than 600,000 tonnes were...

Published

Alice Mason

May 10, 2021

14:22 GMT

London