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Rising Zinc Inventories May Not Mean Lower Prices – Part Two
MetalMiner reported the second part of its two-part series on the relationship between zinc inventories and zinc prices.
MetalMiner reported the second part of its two-part series on the relationship between zinc inventories and zinc prices.
As quoted in the market news:
On the face of it, we would expect the price of zinc to have only one place to go, but intriguingly, HSBC is predicting a higher price next year and rising prices through the middle of the decade. This is because at current prices, many suppliers are sitting at the marginal cost of production.
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