ZINC 0.08% $2,575.9 zinc futures

stockpiles up 1000 odd tonnes again

  1. 6,183 Posts.
    this is the 2nd time recently that once zinc has threatened to go below 90kt the stockpiles have increased back to 93,000t mark

    Looks like some concerted measure to keep prices down. How long this will last is anyone's guess ,but this year doesn't seem to have any gas left in the tank. ZFX 52week high $19, and its currently $16.50. PEM 52week high $5.70 and its $4.10. So they are way off their highs and some of this looks factored in.
 
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