Description
The Spot-Futures price for LME Zinc is published by the London Metal Exchange (LME). This indicator is used to measure the price difference between the spot market and the futures market for zinc. It is commonly used to gauge the supply and demand dynamics in the zinc market and can indicate potential price movements. A positive spread (futures price higher than spot price) often suggests expectations of future price increases, while a negative spread (spot price higher than futures price) can indicate expectations of future price decreases.