SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?


To: Stephen O who wrote (15558)8/4/2003 12:17:11 PM
From: Louis V. Lambrecht  Respond to of 39344
 
How a big an ingot is? Who cares? Speculation is to buy low and sell high. Orange juice or pork bellies. All that matters is the leverage they get vs. performance bonds/margin. <ng>

Zinc ingot (or zinc in ingots) RMB 8100/8530 is about USD 1000, a mighty big ingot. LOL.
LME Friday (same date) cash PM fix, USD 857 per metric ton.
Quite a price difference, so, I don't know. ROFL.

LME zinc contract specs lme.co.uk
Slab, plates or ingots wheighing up to 55 Kg (what a docker can displace without machinery)