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its purchases from 600-700 kMT in 2014 to ~300 kMT in 2015 as domestic supply catches up with demand. Zinc open interest is looking very high leading Macquarie to suggest that prices may be going down this quarter. Shanghai Aluminium on warrant stocks are down 3.52% to 46.9 kMT. LME Aluminium on warrant stoc
Page: HOUSE_OVERSIGHT_030858 →estic supply catches up with demand. Zinc open interest is looking very high leading Macquarie to suggest that prices may be going down this quarter. Shanghai Aluminium on warrant stocks are down 3.52% to 46.9 kMT. LME Aluminium on warrant stocks are flat at 1852.2 KMT. Shanghai Copper on warrant stocks are up 0.97%
Page: HOUSE_OVERSIGHT_030858 →050 EFTA02383477 in the housing market contines to provide serious concerns about demand. Societe Generale put the 2015 su=plus at —380 kMT while Macquarie put it at —98kMT. CitiGroup however=sees prices rising to $7000 by the end of 2015 as mines under perform and =ore copper is imported by China after
le ore export ban does not cu= off exports to China. Lead and Zinc followed the base complex, with=Lead recovering significantly towards the close. Shanghai Aluminium on warrant stocks are down 2.7% to 44.2 kM=. LME Aluminium on warrant stocks are down 0.67% to 1839.8 kMT. Shanghai C=pper on warrant stocks are up
ns such as the 150kMT cut at Escondida and the 100 KMT=cut at Kennecott are rasing questions as to whether the global surplus exp=cted in 2015 with Macquarie expecting the market to be balanced. The late arrival of the rainy season in Zambia =nd Democratic Republic of Congo may have a significant impact o
t risk and could significantly offset this figure. Nickel, Zinc and Lead prices recovered strongly in the =fternoon but came off towards the close. Shanghai Aluminium on warrant stocks are up 21.62% to 56 kMT.=LME Aluminium on warrant stocks are flat at 1839.8 kMT. Shanghai Copper on=warrant stocks are up 23.08% t
s =urchases from 600-700 kMT in 2014 to - 300 kMT in 2015 as domestic supply c=tches up with demand. Zinc open interest is looking very high leading Macquarie to suggest that prices may be going=down this quarter. Shanghai Aluminium on warrant stocks are down 3.52% =o 46.9 kMT. LME Aluminium on warrant st
tic supply c=tches up with demand. Zinc open interest is looking very high leading Macquarie to suggest that prices may be going=down this quarter. Shanghai Aluminium on warrant stocks are down 3.52% =o 46.9 kMT. LME Aluminium on warrant stocks are flat at 1852.2 kMT. Shangh=i Copper on warrant stocks are up 0.97%
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