Zinc – Some analysts believe zinc prices will nearly double in the coming years; others think they will stay flat. Which camp is correct?
Articles Tagged "zinc outlook"
Zinc – Mineweb reported that analysts' different ideas about recent and upcoming zinc mine closures and projected zinc mine openings have resulted in widely varying zinc price forecasts. As yet, it is too soon to tell who will be correct.
Zinc – The Financial Times reported that although zinc prices have not fared well in the recent past, an increasing number of investors and analysts are optimistic that the metal will see a sharp rally in the next few years. Most are banking on the expectation that as large zinc mines close, there will not be enough new projects to replace supply.
Zinc – BNamericas reported that according to Mark Cruise, CEO of Trevali Mining Corp. (TSX:TV), the short- to medium-term price outlook for zinc is "more compelling" than it is for other base metals. He believes zinc prices have a base of about US$0.85 per pound, but thinks that is strengthening.
Zinc – Bloomberg reported that according to Wood Mackenzie, in the coming years, zinc may outperform other metals as mine closures reduce supply.
Zinc – Unlike most zinc market analysts, major miner Glencore Xstrata sees zinc's prospects improving sooner rather than later.
Zinc – Zinc's short-term forecast may be a little lackluster, but Haywood Securities is bullish on the metal in the medium term.
Zinc – While many investors see the summer months as a time to take a break from the markets, Trevali Mining is giving them a reason to stick around.
Zinc – Prices for zinc are expected to remain relatively rangebound this year, but a recent report suggests that the market for the metal could be worth $34.4 billion in 2018.
Zinc – MetalBulletin reported that BNP Paribas' Stephen Briggs believes that while zinc is widely thought to have a positive medium-term outlook, that is "tending to disappear" as pipeline projects replace recently closed zinc mines.