Hi Mango
Zinc\Lead stayed green last night. LME stocks of Zinc\lead still going down. AU dollar up a little.
I have been reading that more analysts are thinking that zinc and lead has been oversold, with demand looking like it may be softer producers have been more proactive in cutting output than people thought and the shorts have been clearing out.
On the demand side for zinc China has been a net importer for the first 7 months versus a net exporter last year.
The turn around is about 180 000t.
Regarding augmentation what is your guess or anybody’s as to what they are doing.
base metal prices., page-6
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