💨 Abstract

The share of Russian aluminium in London Metal Exchange (LME) warehouses rose to 75% in February from 67% in January, while Indian aluminium decreased to 24% from 31%. Western consumers prefer Indian aluminium due to Russia's invasion of Ukraine. Russian aluminium stocks were at 155,125 metric tons, with the remainder cancelled, meaning it will leave the LME system.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖