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Bloomberg reports that Malaysia may take longer to obtain aluminum from London Metal Exchange warehouses in Johor.
Bloomberg reports that Malaysia may take longer to obtain aluminum from London Metal Exchange warehouses in Johor.
The market news is quoted as saying:
Orders to draw aluminum from Johor warehouses, known as canceled warrants, jumped 19,350 metric tons, or 33 percent, to 78,350 tons, the highest level since at least July 2004, exchange data showed today. That’s the second increase in four sessions after bookings climbed 32 percent on Aug. 12.
