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Commodities Briefing - Categorized | Metals and Minerals, Regulatory more

US watchdog acts on metals warehousing

Posted on 23 July 2013

The US commodity futures watchdog has sent letters to metals warehouse owners demanding they preserve records, in a sign of a looming regulatory probe of their storage practices.
Warehouses where metals such as aluminium, copper and zinc are stored have been a target of consumers from Coca-Cola to General Motors, who complain that long queues to remove metal distort prices………………………………………..Full Article: Source


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