Zinc – The zinc market has recently experienced price swings driven by Chinese economic news. Meanwhile, analysts are divided on the outlook for the base metal.
Articles Tagged "zinc stockpiles"
Zinc – The removal of zinc from storage warehouses may have more to do with the use of zinc for financing than surging demand.
Zinc – Stimulus spending from the US and China has boosted spot zinc prices and removed stock from warehouses, but zinc surpluses continue to grow.
Zinc – Falling zinc prices continue to weigh on miners' profits and news of softening Chinese demand has not helped the situation. But despite the slide, juniors and majors are still gearing up for the eventual supply crunch.
Zinc – Zinc mining juniors are preparing to fill the gap between growing demand and declining production.
Zinc – While it may appear as though zinc markets may be on the edge of a turn around, such projections may be premature.
Zinc – Strong evidence that the world’s economies will weather the current storm resulted in zinc having one of its most positive weeks, in terms of price gains.
Zinc – Zinc prices traded marginally higher Thursday, as part of an overall optimism in the markets that the new Fed stimulus plan will stoke the U.S. economy’s recovery.
Zinc – The base metals’ complex started the week in negative territory- pushed lower over pessimism in the US markets. Zinc for delivery within three months slipped 0.7 percent to $2,214 per tonne on the LME.
Zinc – Zinc hit a four month high in early trading as economic data out of the world’s two largest economies, the United States and China, bolstered overall market sentiment.