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.

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.

Click here to read the full MetalMiner report.