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European zinc premiums stay strong as Glencore dictates play

May 23, 2011 - 00:00 GMT

Market domination - Warehouse delivery strategy squeezes physical supply

Zinc premiums have upside support in Europe as the availability of stock remains tight, sources at the MB Zinc Conference in Dublin said. MB Rotterdam zinc premiums stand at $130-$140 per tonne and there was a consensus among delegates that premiums will remain firm in the coming months, as Glencore continues to exert its control over the availability of material and...

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