![Reduced Supply and Seasonal Demand Uplift Continue to Support Zinc zinc rose](https://market-tracker.in/wp-content/uploads/2024/01/depositphotos_94293544-stock-photo-lead-zinc-ore-texture-pattern.webp)
Reduced Supply and Seasonal Demand Uplift Continue to Support Zinc
Zinc prices rose by 0.32% to 268.2, driven by reduced supply and seasonal demand. However, concerns about China’s demand recovery limited gains. Treatment charges for zinc concentrates have reached historical lows due to tight supply. China’s zinc output has been declining, with potential cuts potentially reducing annual output by 3-4%. The International Lead and Zinc…