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Queue to take aluminium out ISTIM's Port Klang warehouses jumps to 118 days

Reuters

LONDON, Feb 11 (Reuters) - Queues to take aluminium out of London Metal Exchange-approved warehouses owned by ISTIM UK in Port Klang, Malaysia, jumped to 118 days at the end of January from zero in December, data from the exchange showed on Monday

Cancelled aluminium warrants -- material earmarked for delivery -- in ISTIM's Port Klang warehouses stood at 309,800 tonnes, or 60 percent of the total 516,188 tonnes, at the end of last month.

(Reporting by Pratima Desai Editing by David Goodman)