set to rise, page-4

Rebel1,
There is about 3 months of product in the supply chain from the mine to the LME warehouse. So if mines reduce production, there is no impact on LME stocks for months.

I agree that once those mine reductions start flowing into reduced LME stocks you will see a spike in metal prices that those producing will pick up on, but those that are not producing will miss out.

If OZL can hang in, there could be price upside.

HT1