re: zinc prices down on lme fri nite Why wouldn't it be hedge funds selling? I read a good post about them I think on the xjo thread how they need really strong returns and that pressure leads to alot of volatility.
I thought one of the main reasons for the drop was the fall in copper below a strategic trendline and then bouts of technical selling?
Sure demand slows when prices increase but that's not the whole picture. Stockpiles dropped 1500 and the price went down 4% - that's not just demand slowing to me.
revenue forecast for 2006 2007, page-6
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