HKEX CEO says the LME warehouses approved in Hong Kong are close to full capacity
Context
The HKEX CEO's comment on LME warehouses in Hong Kong nearing full capacity signals a tightening supply situation for metals traded on the exchange. This could lead to upward pressure on prices, especially if demand remains robust, affecting market sentiment and possibly increasing volatility in related assets.
Trade the TapeGet this analysis live, the moment it breaksNewsquawk's real-time dashboard delivers market-moving headlines and instant context to your desk before the rest of the market reacts.
Open Dashboard#METALS#ASIAN SESSION