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home / news releases / JJUB - Don't Trust Stock Levels To Reflect Metal Demand

JJUB - Don't Trust Stock Levels To Reflect Metal Demand

Barclays Bank PLC
  • Over the last six months, we have seen copper prices surge. However, so too have stock levels on the LME and SHFE.
  • It is a similar story with aluminum. Exchange stocks rose strongly even while the price increased this year.
  • In short, exchange inventory levels are at best an indicator of activity. However, they are far from a reliable indicator of true demand.

For further details see:

Don't Trust Stock Levels To Reflect Metal Demand
Stock Information
Company Name: Barclays Bank PLC
Stock Symbol: JJUB
Market: NYSE
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