| Renewed price optimism as tighter supply is expected to decrease stockpiles. Recent fears of a looming shortage in zinc supply have seen the commodity overcome its difficult start to 2016, to emerge as one of the best performing base metals of the first quarter.
After falling almost 30% in 2015, the zinc price succumbed to further selling pressure in mid-January when it hit a six and half year low of $1 444.50/tonne (t) as weak demand and high inventory levels weighed on the market. Since then, the metal price has rallied with the three-month benchmark London Metal Exchange price north of $1 750/t...............................................Full Article: Source
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