Lowest warehouse level recorded on LME was 58,100 on 16 Oct 2007.
Currently 65,100.
Price back then was around 3100
Price now 2794
The warehouse level will probably break the record during next week.
My question is if there's "Hidden" stockpiles of zinc..... Do the sellers hold back waiting for price rise?
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let the cashflow talk, page-15
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