Zinc Market News Directory

Zinc Deficit has Risen Faster than Expected: MMG

Reuters reported that according to Andrew Michelmore, chief executive of China's MMG Ltd. (HKEX:1208), the global zinc deficit has increased faster than anticipated, partially due to increased "demand growth in China to rust-proof steel for cars."

Zinc Sinks Most in Six Weeks After Big Rally

Bloomberg reported that London Metal Exchange zinc for three-month delivery sank the most in six weeks after climbing to its highest price since August 2011 just yesterday. Speculation is rife that "the rally ... lifted prices too far."

Zinc Hits 35-month High of $2,318.50 per MT

Bloomberg reported that London Metal Exchange zinc for three-month delivery today reached a 35-month high of $2,318.50 per metric ton (MT). It ultimately closed at $2,282 per MT.