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Zinc Stockpile Turnaround

Chart Forum » Forex » Zinc Stockpile Turnaround

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mikemcbain
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Username: mikemcbain

Post Number: 36
Registered: 08-2003

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Thursday, November 01, 2007 - 10:57 am:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)


Does anyone follow this closely or can anyone suggest why we have had such a sudden jump in world zinc stocks? To my knowledge there haven't been any new mines come into prodn recently?







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boomer
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Username: boomer

Post Number: 75
Registered: 01-2003

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Saturday, November 10, 2007 - 10:43 am:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)


There's a good chance that Red Dog, the world's largest zinc producer might have something to do with recent restocking of LME inventory. Apparently Red Dog can only ship for about 100 days per year because the port gets iced over.

Boomer

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