GLOBAL ZINC & LEAD WRAP: European zinc premiums pressured by backwardation in LME spreads; Indian lead premiums hit one-year high on Iranian supply disruption
By Archie Hunter / July 25, 2018 / www.metalbulletin.com / Article Link
A widening backwardation in London Metal Exchange forward price spreads continued to weigh on European zinc premiums in the week to Tuesday July 24, while an opened arbitrage window in China pushed zinc premiums there upward.