The recent enthusiasm of Chinese retail investors for commodities expanded to zinc this month. The unexpected jump in Chinese prices spilt over into the LME and was amplified by short covering which helped to propel the zinc price to $2907/t at one point, it's highest level for nine years. This years price rise has been fuelled in part by the clear evidence of the tightening of the concentrate market where treatment charges have fallen to their lowest levels since 2012.
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Global zinc short-term outlook November 2016 PDF - 605.27 KB 31 Pages, 14 Tables, 11 Figures
Data Tables Zinc STO November.xls XLS - 331.50 KB
As global demand weakens and commodity prices fall, we're seeing a challenging environment in the metals and mining industry. Mining companies are increasingly coming under pressure to reduce operating costs, causing many to shift their strategic planning, delay new investments and look to long-term future growth.
This Zinc Short Term Outlook report provides a detailed breakdown of global supply and demand balances in this market, as well as price forecasts.
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Commodity market report | Nov 2016
Global zinc short-term outlook November 2016
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