A massive backwardation on copper forward price spreads on the London Metal Exchange has collapsed
after market tightness eased thanks to delivery of 44,950 tonnes of metal into exchange-listed warehouses.
Brazilian multi-metals producer Nexa Resources has maintained its production and sales estimates for full-year 2018
, although metal prices are down, chief executive officer Tito Martins said
Zinc stocks on the London Metal Exchange were at a 10-year low on Thursday November 1, prompting one of...