Zinc Price Up 0.6 Percent
Zinc – FastMarkets reported that zinc is up about 0.6 percent, noting that in the sell off that has taken place recently it is the only metal that has breached the low that it hit in April.
Articles Tagged "zinc prices"
SHFE Zinc Prices Kept Up by Chinese Trading Data, LME Prices
Zinc – Shanghai Metals Market reported that SHFE zinc prices moved higher after Chinese April trading data boosted the Shanghai Composite Index. SHFE zinc prices later fell, only to rebound on the back of rising LME zinc prices.
Market Players Predict LME Zinc May Rise to $1,900/MT
Zinc – Shanghai Metals Market reported that of the market players it surveyed, 60 percent think that LME zinc prices are set to move in the range of US$1,860 to 1,900 per metric ton.
Hindustan Zinc Improves Zinc Production in First Three Months of 2013
Zinc – MetalMiner reported that Hindustan Zinc Ltd.'s (BSE:500188) zinc and lead production for the year ended March 31, 2013 improved significantly compared to the previous year on the back of higher prices for the two metals as well as a drop in production costs.
Zinc Prices Down on Sluggish Demand from China, Europe, the US
Zinc – Shanghai Metals Market reported that zinc prices on the London Metal Exchange dropped sharply during China's May Day holiday, brought down by economic data indicating that demand from China, Europe and the US is lackluster.
Zinc Producers End Q1 2013 on a Positive Note
Zinc – Some Peruvian projects have been affected by local troubles, but zinc miners on the whole look strong.
Zinc Fails to Gain Upward Momentum on LME
Zinc – Reuters reported that zinc have failed to recover since falling to its lowest level in 5 months last week. It closed at $1,879 on Tuesday.
Zinc Recovers from 5-Month Low as US Economy Improves
Zinc – Bloomberg reported that zinc has finally recovered from a 5-month low, rising as much as 0.8% as US factory data shows an improved economy and stronger demand for industrial metals.
Does a Strong Lead Market Mean Trouble for Zinc?
Zinc – By-product price signals may be telling miners to keep pumping out zinc — even at depressed prices and with oversupply looming.
CRU Group’s Cancun Verdict: Zinc Prices Need to Rise
Zinc – The zinc market needs higher prices, a prominent analyst believes, but producers are battling an ever-softening market.
