Zinc futures today gained 0.88 per cent in afternoon trade on the Multi Commodity Exchange on short-covering by traders, driven by a firming trend in base metals in the international markets. For full story, click here
Continue reading "Zinc Futures have gained on short-covering, global trends"
Friday, March 6, 2009
Base metal prices have toned down a little after a week long climb as investors booked profit. However, demand may soon outshine supply at the London Metal Exchange. Metals including zinc have in the past few months fell sharply from their multi-year highs. For full story, click here
Continue reading "Zinc prices ended lower after a week long climb"
Tuesday, February 17, 2009
Base metal prices are expected to move in a narrow range in the near term with bulging inventories at LME. For full click, click here
Continue reading "Base metal prices are expected to move in a narrow range"
Tuesday, February 10, 2009
Base metals may rise up to 7 per cent in the short term on speculation that the stimulus packages proposed by the governments of the US and China will revive growth and boost demand for industrial commodities. For full story, click here
Continue reading "Base metals may remain upbeat"
Sunday, February 1, 2009
By Leia Michele Toovey- Exclusive to Zinc Investing News In their bi-weekly price review, Hindustan Zinc Limited announced that effective Saturday, it had cut its prices of zinc, but held lead rates steady. Zinc prices will drop by Rs 800 per tonne, to 68,900; whereas lead maintained its 70,200 per tonne level. Lead prices have remained strong [...]
Continue reading "Zinc rates cut while lead is held steady"
Thursday, October 16, 2008
By Heather Matthews – exclusive to Lead Investing News Base metals are continuing a downward spiral as the market reacts to the federal bailout plan and the general atmosphere of caution and unease. Base metal prices dropped on Wednesday, as September retail level reports (U.S.) were revealed, detailing reduced purchasing by consumers. After the report [...]
Continue reading "Zinc and lead tumble as base metals fall"
Tuesday, October 14, 2008
by Heather Matthews – exclusive to Zinc Investing News Zinc and lead metal spot prices showed improvement in today’s markets: this rally represents a positive development for base metals. Today, non-LME spot prices for lead and zinc were up, showing increased investor confidence in commodity investment. Zinc is currently trading at a bid/ask of .06494/0.6585, [...]
Continue reading "Zinc and lead spot prices rally"
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Monday, June 8, 2009