MARKET TALK: Low LME Stock May Push Zinc Above $4,000

LME zinc may rise above $4,000/ton if today's LME stock data shows another significant drop, says Sam Miyamoto of Mitsui & Co. LME zinc stocks dropped 1,325 tons Tuesday, sending prices above $4,000 before retreating along with other base metals. Miyamato says funds quiet at the moment, but likely to lead rally if stocks fall. LME 3-month zinc up $45 at $3,915/ton.