Strong demand growth and rate cuts in the US are expected, which will boost zinc prices

With investor confidence in the market driven by predictions of strong demand growth and U.S. interest rate decreases zinc surged by 1.49% to settle at 265.2. Zinc prices were supported by encouraging signals from China, where imports and exports increased in April, indicating a recovery in both domestic and foreign demand. The market’s mood was…

Read More
zinc rose

Zinc rose confirmed his desire to receive more stimulus from China

Zinc prices increased by 1.72% to settle at 228.1, fueled by growing anticipation that China, the world’s largest metals user, would announce more stimulus measures. In response to economic difficulties, China’s central bank governor announced a 50 basis point cut in the reserve requirement for banks, beginning from February 5. Furthermore, effective of January 25,…

Read More