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IBG 4.7¢

LME inventories fall 100,000 tonnes since Jan 1st

  1. Upmarket

    3,620 Posts.
    16
    Whoa, gotta hope this trend continues!

    Almost 100,000 tonnes reduction in LME zinc inventories in the last month and a half!

    At this rate inventories will be sub 400,000 tones by the end of June. Century closing in the third quarter should more than counter any restarts and may well exacerbate the looming shortage. Something has to give :)

    Glad to be BIG on IBG

    westmetall zinc data.jpg

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