What are everyone's thoughts on LME movement lately? Stock is actually higher now than back in July.
When comparing forecast Zn deficits for 2014 of 400,000 tonnes to actual of 236,275 I'm left feeling a little ......well, a little misled actually. Deficit forecast for 2015 that I have found or read, range from 220,000 - 366,000 tonnes, so apply a factor of 59% to that and your left with even less of course. So 2014 was supposed to be the big year.
Is the stock level at present anything to do with Warrant activity? I notice a significant increase in cancelled warrants.
Warehouse stocks nov 2015, page-8
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