Saturday read
LME Zi stock level of 900,000 broken down in Friday 21st Dec, a rare 5000+ drop in many years. Zi stock is now sitting at 894,825 (down 27% since Oct 13). That's 27% down in 3 months, that's after zinc stock coming in & going out average. If this is going down the way it is LME supply will be non existence by Sept-Oct 2014. Don't think many brokers know the severity of Zi depletion, they just know Zi level is predicted to go down.
As a result Zinc price went up to $0.9218 / Lb overnight.
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zinc supply deficit graph, page-17
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.077M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $10.85K | 3.742M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
18 | 22484136 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 31055361 | 21 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
18 | 22484136 | 0.002 |
6 | 14299989 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 31055361 | 21 |
0.005 | 2500000 | 4 |
0.006 | 4800000 | 2 |
0.007 | 715300 | 3 |
0.008 | 5606448 | 4 |
Last trade - 15.35pm 26/07/2024 (20 minute delay) ? |
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