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1,686 Posts.
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20/09/12
18:58
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Here is a quick look at the last four months. The zinc market has improved significantly in the past four months.
Updated: Sep 20, 2012 (Last May 20)
Copper: (outlook - slightly positive)
LME Gross - 213,925 (down from 217,450)
LME Backorder - 41,025 (up from 37,700)
LME Net available - 171,550 (down from 179,750)
Zinc: (outlook - very positive)
LME Gross - 919,900 (down from 940,250)
LME On back-order - 264,475 (up from 30,975)
LME Net available - 655,650 (way down from 909,275)
NET AVAILABLE has dropped 253,625t in 4 months!
----Shangai----
Headline stocks down about 49,261 tonnes to 302,400 from 351,661,
See: Shanghai Zinc Inventory
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