Hi guysWas just browsing the Intfx website following up an...

Hi guys

Was just browsing the Intfx website following up an excellent link from Galvanise on something else. Thought I would check the UCL page which is suitably sparse! :) gotta be able to laugh!

Anyway I thought the chart correlating UCL with the zinc price was surprising with a 0.87 correlation over 12 months. This is quite high and is higher than the correlation of ZFX with zinc over the same time.

To me this was really surprising given the circumstances of the dispute but offers some distance hope that a sustained surge in the price of Zinc (if and when) currently appears to have an 87% chance of giving relief to UCL - we wait on the zinc price punters!

http://www.intfx.com/wiki/UCL