Zinc price trades near one-year high as market weighs supply risks
Zinc traded close to a one-year high as metals markets looked past delays to US monetary easing to focus on looming supply risks.
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Zinc price jumps after Boliden suspends operations at Irish mine
Mining News Pro - Zinc prices climbed to a three-week high on Wednesday after Swedish miner Boliden said it will suspend production at Europe’s largest zinc mine in Ireland within the next month because of “unsustainable financial losses”.
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Zinc price could hit $2,000/t by 2025 on ballooning surplus
Mining News Pro - Refined zinc prices are expected to be on a downward trend until 2025, as weak demand growth failed to match with a surge in production, analysts said.
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Historically low stocks behind spike in zinc price for delivery tomorrow
Mining News Pro - Prices of London Metal Exchange (LME) zinc for delivery tomorrow traded at a large premium on Monday over prices for the following day due to buying fuelled by nervousness about availability in the LME system as stocks hit historic lows.
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Zinc price highest since March as energy crunch threatens smelters
Mining News Pro - The zinc price rose the most in almost five months on Thursday after Glencore warned that Europe’s energy crisis poses a substantial threat to supply.
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Zinc price jumps as Glencore cuts production in Italy
Mining News Pro - The zinc price rose on Monday as Glencore Plc announced it’s preparing to shut down production in Italy.
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Zinc price hits 14-year high as Nyrstar cuts output
Mining News Pro - Zinc prices climbed to their highest level since 2007 on Thursday on supply concerns after producer Nyrstar announced a plan to cut its output due to high power prices in Europe.
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LME stocks shock sends zinc price reeling
Mining News Pro - Zinc bulls have just received a reality check.
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Zinc price soars as Vedanta halts Gamsberg mine after accident
Mining News Pro - Zinc prices climbed on Wednesday to an 18-month high after Vedanta suspended mining at its Gamsberg zinc mine in South Africa following an accident that trapped ten workers.
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Zinc price to enter long term structural decline in 2021
Mining News Pro - Zinc prices will edge higher over the remainder of 2020, continuing a strong rebound from the lows posted during the initial covid-19 outbreak, according to Fitch Solutions’ latest industry report.
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Zinc price rebound anticipated amid unstable market
Mining News Pro - Despite current volatility, zinc prices have been forecast to climb in the coming months as COVID-19’s strain on the market eases.
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Copper, nickel, zinc prices sink on China car sales, trade war
Mining News Pro - The price of copper dropped to a 15-week low on Monday after China fired back in the mounting trade war with the US. In afternoon trade, copper for delivery in July touched $2.709 a pound ($5,972 a tonne), down 2.4% from Friday’s settlement.
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Zinc price builds on 2019 rally as stocks reach just 2 days consumption
Mining News Pro - Zinc prices climbed to $2,845 a tonne on Wednesday after data showed LME warehouses now hold little over 58,000 tonnes of the metal; less than two days’ worth of global consumption.
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Zinc price falls due to lacking fundamentals support in metal market
Mining News Agency- LME zinc inventory increased around 56,475 tons within three days in the end of April in 2018. In addition, market participants expected that there was little room for zinc rebounding in the market outlook because of lacking fundamentals support in the metal market.
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Zinc price to fluctuate sharply
Mining News Agency -The experts anticipated that zinc price would fluctuate strongly in the short-term because the active market for basic metal influenced the zinc price recently.
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Visit: 1504
Zinc price dodges bullet
Mining News Agency-After an initial dip zinc prices rose on Tuesday after top producer of the metal Glencore held its output forecast steady for next year.
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Visit: 1002
Zinc Prices Climb on Supply Concerns
Mining News Agency - Zinc prices rallied to their highest level in two-weeks driven by persistent supply concerns.
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Visit: 1005