RE:RE:RE:RE:Zinc closes above .90 June 3: LME Stocks INCREASE by 2,100 Thanks. I've followed trevali's story for years. It's different once you buy in though and hard to know what's normal behaviour for a commodity no matter how many charts you look at. Your reply is quite helpful, much appreciated.
The article posted by Ocean Eleven gave a few strong hints about the kind of obstacles facing zinc. Here's a chiller: "Total off-market stocks, according to Citi, might be between 2.5 and 3.5 million tonnes, equivalent to 9-13 weeks of consumption, a volume likely in our view to have a dampening effect on prices." (Metals Weekly, May 31, 2016).
Always something out there. The bull case for zinc is solid regardless of short term swings. If zinc does hold .90 this week Trevali stock should hold these gains too.