Zinc is experiencing another "short squeeze": available inventory is less than one day's supply, and spot premiums have soared to their highest level since 1997!
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The zinc market on the London Metal Exchange (LME) is facing its most severe squeeze in decades, with traders scrambling to grab the increasingly depleted stocks that support exchange contracts, pushing spot zinc prices to the highest premium levels in more than 20 years.
The latest market dynamics show that