|
Glencore Stores Zinc in New Orleans, Creates Higher Premiums
Posted on May 16, 2012 at 14:27 PM EDT
Reuters reported that Glencore International (LSE:GLEN) is using warehouses monitored by the London Metal Exchange to store zinc in New Orleans, an action that is forcing industrial zinc buyers to pay high premiums despite the fact that the metal is in surplus.
Related Stocks:
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes. Markets are closed on certain holidays. Stock Market Holiday List By accessing this page, you agree to the following Privacy Policy and Terms and Conditions. Press Release Service provided by PRConnect. Stock quotes supplied by Telekurs USA Postage Rates Bots go here |
