Zinc Fundamentals

Raw zinc prices have remained strong.. The current prices are profitable for the main Irish zinc producers. The long term fundamentals for zinc remain strong with year on year growth expected to be in the region of 4% due to demand from the BRICs. Sluggish supply is expected towards the middle of the decade due to the closure of several large mines.  As a result, almost 1 million tons of supply is expected to be lost to the system in the coming years.  Supply-Demand gaps are expected in 2015 and will last until 2020. As a result prices are expected to remain firm over the long term.

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This is per pound (lbs).  At $1 the price per tonne of 2,000 lbs is $2,000

 

 

THIS PAGE WAS LAST UPDATED ON 03 JANUARY 2017

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