Zinc picture continues to look great.......from yesterday
LME zinc climbed 2.6 percent to end open outcry trading at $2,884 after LME data showed on-warrant inventories MZNSTX-TOTAL -- those not earmarked for shipment from warehouses and therefore available to investors -- slid 11 percent to 258,050 tonnes, the lowest since January 2009.
Zinc has gained 10 percent this year on concerns that the closure and suspensions of big mines will create shortages.
MCT Price at posting:
6.1¢ Sentiment: Buy Disclosure: Held
