ZINC 0.08% $2,575.9 zinc futures

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  1. 10,351 Posts.
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    "So you are suggesting a drop in zinc stockpiles from 185,000 to 70,000 - is similar to - a drop from 100,000 to 97,025......"


    The Apprentice you missed the point, what I meant was, if the price was been dertermind by pure supply and demand then for this fall in the price of Zinc to occour stockpiles should have gone UP 115,000 tonnes, but not only did they not rise, stockpiles infact fell along with the price.

    If I where to tell you now that stockpiles would fall by 5000 tonnes in the next month, what you expect the price of Zinc to do? ANSWER IT, common, this is not in the relm of fiction is it?? This is your fundamentles right... so what SHOULD zinc do if its a function of stockpile levels if Zinc stock piles where to fall 5000 tonnes??

    Or do you concur that stockpiles act drastically different to the price movements in Zinc and that your internal mode of thinking is entirely flawed??

    Keeping in mind that I was practically the only one to see this coming BEFORE THE EVENT.
 
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