Zinc: Rebound risks from oversold position

August 13, 2019 / www.metalbulletinresearch.com / Article Link

Zinc price extend to fresh lows
Zinc prices came under increasing downside pressure across the past week, reflecting risk-off sentiment across wider markets. The LME three-month price has extended to a fresh multi-month low of $2,230.50 per tonne on Monday, August 12, the lowest since October 2016.

Zinc demand may be set for seasonal up tick...

At the same time, however, stock flows support our view that the refined zinc market remains in a structural deficit, which we believe will persist across the remainder of this year. LME stocks total 75,975 tonnes as of Monday August 12, up...

ACCESS RESTRICTED

To read the rest of this analysis please take a free sample or subscribe


FREE Sample


Receive a free sample of  market analysis and price forecasts.

Free Sample

SUBSCRIBE


Receive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as it’s published.

Subscribe

Recent News

Mixed outlook for gold as it remains range bound for past three months

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on flat metal price

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on metal decline

June 23, 2025 / www.canadianminingreport.com

Huge quantifiable rise in geopolitical, economic and trade risks

June 23, 2025 / www.canadianminingreport.com

Platinum clearly ahead of palladium for first time in seven years

June 16, 2025 / www.canadianminingreport.com
See all >
Share to Linkedin