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Zinc and Cobalt prices. the TREND is UP, page-3

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    More Zinc Bullishness - China Zinc premiums highest in three years!

    • CHINA ZINC: Premiums for zinc in China jumped by $10 to $155 a tonne, the highest in nearly three years, as the gap between local and global prices turned favourable for imports.
    • CHINA ZINC: China is likely to step up imports of refined zinc from this month, industry sources said on Friday, as dwindling global supplies of concentrate hit local output of the metal, used to galvanise steel.
    • ZINC STOCKS: LME data showed 28,925 tonnes of zinc were booked to leave exchange warehouses, sending 'on-warrant' or available stocks down to 170,200 tonnes, their lowest since October 2008. MZN-STOCKS. Zinc stocks in warehouses monitored by the Shanghai Futures Exchange fell 9.5 percent from last Friday to 91,749 tonnes.
    • LEAD STOCKS: Lead stocks in China surging above 80,000 tonnes to the highest since March 2014. PB-STX-SGH
    • PRICES: Lead CMPB3 was last bid up 1.3 percent in rings at $2,100, tin CMSN3 traded up 0.6 percent at $20,330, aluminium CMAL3 was last bid up 0.8 percent at $1,937.50 while nickel CMNI3 was last bid up 0.3 percent at $9,200.
 
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