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kMT. Shanghai Copper on warrant stocks are flat at 28.5 kMT. LME Copper stocks are down 3% 140.8 kMT. LME Nickel stocks are up 0.31% to 309.9 kMT. Copper Vols are up —0.42% in the front, - 0.73% in the back, Ali Vols down - 0.37% in the front, down —0.26% in the back, Nickel vols are down 0.46 in the front
ipment east was in Novemb=r. However, sources are saying that it is going to be put in storage that Trafi just bought there. However, along w a bid N Sea window, BRE spreads rallied. Gasoline was weak versus BRE again as the stats showed a sizeable build. Disty on the other hand in the US was bid as w
kMT. Shanghai Copper on warrant stocks are flat at 28.5 kMT. LME Copper stocks are down 3% 140.8 kMT. LME Nickel stocks are up 0.31% to 309.9 kMT. Copper Vols are up -'0.42% in the front, - 0.73% in the back, Ali Vols down - 0.37% in the front, down —0.26% in the back, Nickel vols are down 0.46 in the fron
ipment east was in Novemb=r. However, sources are saying that it is going to be put in storage that Trafi just bought there. However, along w a bid N Sea window, BRE spreads rallied. Gasoline was weak versus BRE again as the stats showed a sizeable build. Disty on the other hand in the US was bid as w
hanghai Copper on warrant stocks are up 16.48% to 39.3 kMT. LME Copper stocks are up 2.47% to 167 kMT. LME Nickel stocks are up 0.46% to 326.2 kMT. Copper Vols are up 1%, Ali Vols are unch, Nickel Vols are unch, Lead and Zinc Vols unch Upcoming Data 13/1- China Trade Balance- Sury $49bn, Actual $49.61bn, P
bly trade as high as +2 as Feb WAF crudes are going to have to discount heavily to find a home given the strong loading programs of Azeri, FSU, and N Sea...l think that if the arb remains str=ng over next few weeks, it may be time to sell WTI boxes in the m/u 15 region. Prompt WTI spreads were also qu
Entities connected to both Copper Vols and N Sea

Daniel Sabba
PERSONAli Vols
PERSONLME Copper
ORGANIZATION
Jeffrey Epstein
PERSONLME Nickel
ORGANIZATIONShanghai Aluminium
ORGANIZATIONLME Aluminium
ORGANIZATION
Shanghai Copper
ORGANIZATIONPrateek Jain
PERSONMar15
ORGANIZATIONDisty
PERSON
Angola
LOCATION
Marc Rich
PERSONTrafigura
LOCATIONPost Yellen
ORGANIZATIONBRE vols
ORGANIZATIONCLM5
ORGANIZATIONDiscovery Metals LTD
ORGANIZATIONBoseto
ORGANIZATIONThe World Bureau of Metal Statistics
ORGANIZATION