thanks for the suggestion, hadn't thought of that, car industry down is one that springs to mind, but that's only a 30%of the gal market
it just seems counter to the physical evidence of someone consuming anything produced... hence stockpiles in a strong downward trend for 7 years... i assume it's not just being bought and put in the ocean. Do you put the decline in stocks entirely down to lowered chinese smelter output?
how many days consumption level would you consider the zinc market would display tight pricing? down at 6 days (maybe a bit you missed on the HRR slide), seems pretty low, but you may have longer in the market than me and remember times where it was lower
NCZ Price at posting:
39.0¢ Sentiment: Buy Disclosure: Held