Zink short (in near future)

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  • #2618
    Vasily Nekrasov
    Participant

    Reading financial news I came up to this article, in which they affirm the Zink price will grow first of all due to growth in automotive.

    So far, so good but let us look at the forward curve. It is inverse, which means that the market anticipates the price drop!

    So I gotta go short, e.g. with this ETC.
    Either now or await till the price reaches and repulses from recent maximum.

    #2619
    Vasily Nekrasov
    Participant

    BTW, by nickel the situation is inverse: low spot prices and high contango. So Nickel long (for me it is already the case) and Zinc short is a market-neutral pair trading.

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