Prices have fallen by 55.8% in 2008
Prices have already fallen by 55.8% in the year to date to $1,120 per tonne on London Metal Exchange (LME). For full story, click here
Articles Tagged "fall"
Zinc prices may continue to decline
The sharp fall in zinc prices may continue in the short term (two to three months) with no major demand forthcoming. Prices have already crashed 48 per cent from $1,700 a tonne three months back to $1,150. For full story, click here
Nyrstar Q3 zinc production slips, eyes more cuts
Belgium’s Nyrstar, said tht zinc output fell in the third quarter and warned of further production cuts in 2009 amid a gloomy economic outlook. For full story, click here
Zinc may drop 18 percent
According to experts, zinc may drop as much as 18 percent to $985 a ton on the LME. For full story, click here
Zinc surges around 7 % but trims gains later
Zinc surged around 7 per cent, but soon after cut the gains as analysts said the move may not be enough to change the short-term bearish demand outlook. For full story, click here
Zinc shed $55 before settling at $1,120 per tonne
The crash in international equity markets and the onset of recession across the globe, has led to all base metals. Zinc declined $55 before settling at $1,120 per tonne. For full story, click here
Zinc fell 7.6 % to a low of $1090
Three-months zinc fell 7.6 % to a low of $1090, before closing at $1100, down $80. More than 1.35 mn tonnes, or nearly 1/3rd of China’s 5 mn tonnes of primary zinc output capacity, is slashing output, as a result of low prices and on an annual basis the reductions add up to 450,000 tonnes. For full [...]
Zinc gave up 3.2 %
Zinc which jumped 6 percent on Tuesday, gave up 3.2 % to settle at $1,200. For full story, click here
Zinc falls 0.9 %
Among the London Metal Exchange traded metals, zinc slumped 0.9 percent to $1,160. For full story, click here
LME zinc falls on demand concerns
Zinc prices declined more than 5 % as recession worries triggered a commodity sell-off across the board, For full story, click here
