Trickle of LME zinc deliveries turns into flood


LONDON Metal Exchange (LME) zinc stocks have more than doubled to 145,975 tonnes over the last month and are now at their highest level since February 2022.

What started in July as a trickle of metal into the market of last resort has turned into an August flood with 76,425 tonnes placed on LME warrant since the start of last week.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
LME , Zinc , London Metal Exchange

Next In Insight

If I were an oil palm pollinating weevil
Can you really price global regime change?
Asia’s growing economic power shapes global derivatives market
Continuity and change from NAM to BRICS
Rise of the machines
Save, invest and outpace inflation
Corruption fight must go deeper
Addressing FBM KLCI’s weaknesses
Time is money, really
What performance truly means

Others Also Read