Articles Tagged "base metals"

Zinc Declines on Dampened Chinese Growth Forecast

Zinc declined in London Thursday as expectations of slower growth in China decreased the demand outlook for base metals. China’s attempts to cool inflation are expected to result in an 8.7 percent growth rate in 2011, down from 10 percent in 2010.

Global cues drive zinc futures up 0.43%

Zinc futures prices rose 0.43 per cent to Rs 106.05 per kg today on fresh positions created by speculators, after tracking a firming trend in base metals in global markets. Analysts said a firming trend in base metals in global markets, as the outlook for demand improved, mainly led to a rise in zinc futures [...]

Market sentiment wins in price tug-of-war

By Leia Michele Toovey- Exclusive to Zinc Investing News Positive sentiment that spread through the markets during the week edged up most of the base metals. The U.K. benchmark FTSE 100 Index jumped 0.9 per cent and Japan’s Nikkei 225 Stock Average closed 2.7 per cent higher in Tokyo.  Pessimistic data still came out of [...]

Zinc and lead in the New Year

By Leia Michele Toovey- Exclusive to Zinc Investing News 2008 was a year for unprecedented losses for both the zinc and lead markets. As economic malaise spread around the globe, zinc for three month delivery fell about 49 per cent.  Lead, due to its close ties to the auto industry, took a staggering plunge from [...]

Zinc and lead tumble as base metals fall

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 [...]