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LME-MALAYSIA/TAX
RTR4UFZ4
23 Mar. 2015
Aluminium ingots are seen outside a warehouse that... more
LME-MALAYSIA/TAX
RTR4UFZ4
23 Mar. 2015
Kuala Lumpur, Malaysia
Aluminium ingots are seen outside a warehouse that stores London Metal Exchange stocks in Port Klang Free Zone, outside Kuala Lumpur, March 23, 2015. Malaysia's customs agency hopes to reach an agreement soon with the London Metal Exchange, after the LME threatened to stop registering new metal in the country if the new Malaysian Goods and Services tax, due to take effect next month, was levied in two bonded zones there, a customs official said. Malaysia is a major storage point for LME metals, holding more than 430,000 tonnes, including nearly half of the LME's nickel stocks, 85 percent of its tin, a third of its lead and almost a fifth of its copper inventories. REUTERS/Olivia Harris
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