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 [...]
By Leia Michele Toovey- Exclusive to Zinc Investing News The zinc industry has been quick to respond to the slump in prices and a host of producers have announced cutbacks and closures. However, without a definitive shift in the current global economic current; supply cuts have yet to directly improve pricing. In Shanghai, spot [...]
The State Administration of Taxation was quoted as saying: China will cancel the export rebates on unwrought zinc and silver with a purity higher than 99.99 pct. For full news, click here
Zinc prices jumped more than 5 percent in China after the country cancelled export rebates for the metal. For full story, click here
China may cancel the 4% export rebate for 99.99% purity zinc. To access the news, click here
Monday, March 2, 2009