Is Zinc the new Lithium style market darling? Great for RXL and MCT. (Both held)
From Bloomberg, 2 Jun 2016, 6:09:20 PM
Zinc ingots sit stacked at the Public Procurement Service (PPS) warehouse in Gunsan, South Korea, on Wednesday, June 25, 2014. South Korea is scheduled to release industrial production numbers on June 27.
The Chinese smelters that churn out more than 40 percent of the world’s zinc may cut production for the first time in four years because they can’t get enough raw material, further lifting prices of one of this year’s strongest-performing commodities.
To read the entire article, go to http://bloom.bg/25z5W3R
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