Trading on LME up 4% in April amid increased volatility

Trading on the London Metal Exchange exceeded 14.5 million lots last month, exceeding the record set in November. "A general slowdown in growth in China has provoked mass exits from commodities, as part of a greater rotation away from the sector and into equities," said Robin Bhar, Societe Generale's head of metals research. "This has created huge trading volumes at the LME, with some days in April experiencing almost double the normal volume of contracts traded in metals such as copper." Meanwhile, LME has added warehousing facilities in Belgium, the Netherlands and Malaysia.

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