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Solid supply response dulls zinc lustre

Zinc’s fall from more than US$1.60 a pound three months ago to less than $1.40/lb earlier this week is a sign that the market for the metal is stabilising and while there could be a little more oomph in zinc a return to higher prices could also be a trap for investors betting on a return to near-boom conditions.

Solid supply response dulls zinc lustre Solid supply response dulls zinc lustre Solid supply response dulls zinc lustre Solid supply response dulls zinc lustre Solid supply response dulls zinc lustre

World zinc mine production could top 13 million tonnes for the first time in 2018

Signs of a rebound to more balanced conditions can be seen in the way the price has moved and can also be seen in the price-setting for treatment charges (TC) negotiated between miners and smelters.