Zinc Can Show Promising Trend In 2011

- December 28th, 2010

India Info Online.com reports that, despite a poor showing in 2010, there is promise for Zinc in 2011.

India Info Online.com reports that, despite a poor showing in 2010, there is promise for Zinc in 2011.

The editorial is quoted as saying:

Zinc prices were pulled back by rise of interest rates in China. Inventories have already been on a high this year and with rising interest rates the prices will face some demarking. Zinc has been the worst performer so far in 2010. It is expected that the prices are likely to show some short covering in 2011, with renewed consumer sentiments and improving housing sales conditions in US.

To access the full editorial, click here.

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