This is a sign of technical default by LBMA sell-side members. ICBC (Industrial Commercial Bank of China) is a LBMA member and a clearing member of the London Precious Metals Clearing Limited (LPMCL).

The LBMA sell-side members are probably unable to full-fill their bilateral… https://t.co/2CYXafmGvP

— Eric Yeung 👍🚀🌕 (@KingKong9888) December 30, 2025