What is going on?
On the 6th March 2014 the LME warehouse level of Zinc was 753,700 tonnes and the price was $0.96 lb.
Today the LME level stands at 785,350 tonnes and the price is at $0.89 lb.
Obviously additional stock has been added to the LME during that period?
I only record these levels every few weeks so i have no idea when and how much was added to the LME stock?
Now we know why the zinc price has dropped from $0.96 to todays $0.89.
That could also be why the share price of IBG remains down?
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What is going on?On the 6th March 2014 the LME warehouse level...
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.077M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $10.85K | 3.742M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
18 | 22484136 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 31055361 | 21 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
18 | 22484136 | 0.002 |
6 | 14299989 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 31055361 | 21 |
0.005 | 2500000 | 4 |
0.006 | 4800000 | 2 |
0.007 | 715300 | 3 |
0.008 | 5606448 | 4 |
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