02.04.2014 - Zinc prices to average $2185 per ton in 2014, $2450 in 2015
Zinc prices will average $2,185 per ton in 2014, rising to $2,450 per ton in 2015 as the market progressively acts to ration near-term demand for the metal, as well as incentivising mining companies to increase investment in new mines over the coming years. Zinc entered 2014 with some of the best fundamentals among the base metals. Exchange stockpiles declined by 380,000 tonnes last year, reflecting both an improvement in demand for zinc as well as constrained supply. International miners are struggling to raise zinc output against a backdrop of investment cutbacks and zinc mine closures. ..............................Full Article: Source