GREY:CNSNF - Post by User
Post by
cashpieon Dec 13, 2017 1:32pm
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Post# 27148571
Zinc Stockpiles
Zinc StockpilesLME Stockpile of Zinc just dropped below 200,000 tons. At current burn rate this amounts to a 6-8 month supply (in the LME warehouse). Will be very interesting to see if the erosin curve steepens with hording and speculative buying. Price of zinc should start to run-up hard if supply-demand economics gain a foothold over market manipulation. Interesting times ahead!