For the LME, the risk is that large volumes of unwanted Russian metal are delivered into its warehouses, causing the benchmark price to trade at a discount to the rest of the market. mining
Alcoa Corp. and other large suppliers have been calling for Russian metal to be excluded from western markets through bans or sanctions, pointing to the risk of pricing dislocations as more and more users try to avoid buying from Russia.
For the LME, the risk is that large volumes of unwanted Russian metal are delivered into its warehouses, causing the benchmark price to trade at a discount to the rest of the market. The exchange said that while Russian stocks in its warehouses might increase in the coming months given expectations of slowing global growth, that would not necessarily indicate that the market was disorderly.
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