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China has revealed a massive stimulus package, including rate cuts, to boost its sluggish economy, with an impact across all industrial metals. European Commodity Winners Last WeekZinc Special Hg Cash (Q3Y00), +7.5% The latest LME inventories are at 251,425 tonnes, which is a good recovery from the low of 25,325 tones (April 2023) but statistically remains low indicating tight supply. LME reported funds net positions at +38,154 contracts, which is a substantial number supporting the latest price move. Its forward curve points upwards until May 2025, so this starting trend may have a good run i…

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