LME inventories: up via the escalator, down via the lift
Imo the relentless grinding down of zn stockpiles (as reflected in the official data) has underpinned a sense of inevitably about long-term price trajectory. Its driven a massive influx of speculators into companies like RVR
Recent dumping is puncturing this narrative.
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LME inventories: up via the escalator, down via the lift Imo the...
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