Regulated Information Nyrstar NV – Petition for interim measures received on 11 March 2024 12 March 2024 at 06.00 CET Nyrstar NV (the "Company") today provides an update on certain proceedings initiated against, among others, the Company and its board of directors by certain shareholders of the Company. The Company advises that, on 11 March 2024, certain shareholders have filed a petition for interim measures with the Antwerp Enterprise Court (Turnhout division). This petition was filed within t
Fund managers have been scaling up short positions on zinc, betting that this year's weakest base metals price performer has further downside. Investment fund positioning is now the most bearish it's been since the London Metal Exchange (LME) first launched its Commitments of Traders Report in 2018. LME three-month zinc, currently trading around $2,400 per metric ton, is already down by 8% on the start of the year.
Fund managers have been scaling up short positions on zinc, betting that this year's weakest base metals price performer has further downside. Investment fund positioning is now the most bearish it's been since the London Metal Exchange (LME) first launched its Commitments of Traders Report in 2018. LME three-month zinc, currently trading around $2,400 per metric ton, is already down by 8% on the start of the year.