I take less and less notice of LME stockpiles. Nickel has gone close to zero in the last couple months yet price has pulled back 20%.. because there are inventory outside of what the LME have recorded.. in China. 6,000t of stock on a 320,000tpa market.. that’s a weeks worth of supply.. it’s also refined tin stockpiles, Renison/MLX plays in the tin concentrate market, a different part of the supply chain.
Ann: Suspension of Operations at Nifty Copper Mine, page-216
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MLX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
41.0¢ |
Change
0.010(2.50%) |
Mkt cap ! $371.5M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 41.0¢ | 40.0¢ | $491.9K | 1.212M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 492895 | 40.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.0¢ | 373697 | 12 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| MLX (ASX) Chart |