Zinc Industry News Headlines

Copper Falls Most in Three Weeks as China Manufacturing Shrinks
Thu, 23 May 2013 11:17:30 +0100
Copper, lead, zinc and nickel fell the most in three weeks in London after manufacturing shrank for the first time in seven months in China, the worlds biggest consumer of industrial metals.


Indian zinc up on spot demand
Wed, 22 May 2013 22:23:31 +0100
BS reported that Indian zinc futures prices today firmed up by 0.49% to INR 101.65 per kilogram amid a positive global trend and better domestic demand as speculators created positions. At the Multi Commodity Exchange, the May contract went up by 50 paise ...


Commodity Trading Tips for Zinc by KediaCommodity
Wed, 22 May 2013 01:50:05 +0100
Zinc yesterday traded with the positive node and settled flat as mixed opinions among Fed officials kept investors puzzled. Fed officials remarks that hint the Fed will not scale back asset purchases any time soon, supporting prices Two US Fed officials ...


MB APEX Q1 2013 BASE METALS: Zinc outlook depends on closures ...
Tue, 21 May 2013 11:38:00 +0100
The positive medium-term story on zinc prices is being pushed further and further out, as mine closures persist but pipeline projects pop up to replace them, Stephen Briggs, of BNP Paribas, told Metal Bulletin. Briggs, who is a senior metals ...


Shanghai copper price up on Chinese demand promise; all eyes on Fed
Tue, 21 May 2013 02:55:00 +0100
Shanghai Futures Exchange copper price settled higher on Tuesday May 21 as the US dollar retreated after recent gains and Chinese demand showed signs of improvement. The most-traded September copper contract settled at 53,230 ($8,586 ...


Metals-copper Turns Positive, Hits 1-week High As Dollar Falls
Mon, 20 May 2013 11:06:00 +0100
"Nickel (is) taking over from perpetually oversupplied aluminium and zinc as the one with the biggest surplus, at least this year," analyst Leon Westgate said in a note. "(The surplus) is equivalent to 3.8 percent of global consumption. This is by far the ...


Net Telephony & Telecom Talk
Mon, 20 May 2013 01:40:42 +0100
KOLKATA: Top industry bodies have urged the government to lower royalty rates on non-ferrous minerals like zinc and lead, in line with global rates. These recommendations have been made by leading chambers of commerce like Ficci, Assocham and CII ...


Copper Declines for First Day in Three on China Demand Concerns
Sun, 19 May 2013 20:30:59 +0100
Copper dropped for the first time in three days on speculation that China will continue to curb its property market, reducing demand from the worlds biggest consumer. Tin, lead and zinc also fell. Copper for delivery in three months on the ...


Indian zinc edged up on firm spot demand
Fri, 17 May 2013 20:51:04 +0100
BS reported that Indian zinc futures prices edged up by 0.25% to INR 99.70 per kilogram after speculators enlarged positions amid a firm trend at domestic spot markets. At the Multi Commodity Exchange, the May contract edged up by 25 paise or 0.25% to INR ...


LME ASIAN WRAP: Global recovery concerns cap gains in copper price
Thu, 16 May 2013 23:03:00 +0100
London Metal Exchange copper price was up during the Asian morning session on Friday May 17 as the US dollar weakened but gains were capped on persistent recovery concerns in the worlds top economies. At 04:16 London time, three-month copper ...


Ilzsg Reports 43000 Tonnes Surplus In Zinc During Jan-mar 2013
Thu, 16 May 2013 06:35:47 +0100
International Lead and Zinc Study Group (ILZSG) have reported that refined Zinc production stood at 43000 tonnes surplus as per the report compared to a surplus of 141000 tonnes in same period last year.


Metals-lme Copper Inches Up, Demand Worries Dent Gains
Thu, 16 May 2013 01:35:00 +0100
PRICES Base metals prices at 0706 GMT Metal Last Change Pct Move YTD pct chg LME Cu 7207.25 9.25 +0.13 -9.10 SHFE CU FUT ... 2.50 +0.14 -11.03 SHFE AL FUT AUG3 14525 -45 -0.31 -5.34 LME Zinc 1831.75 8.75 +0.48 -11.23 SHFE ZN FUT AUG3 14370 -1175 -7.56 ...


LME ASIAN WRAP: Rising stocks, demand woes tame copper price
Wed, 15 May 2013 22:40:00 +0100
The biggest factor keeping copper tamed is the LME copper inventories which have risen to a new high since late April 2003. The high inventories point at insufficient demand and falls in copper are inevitable, Tian Guihua, a metal analyst ...


Close To Close: Copper Prices Finish Below $7,200 As Eurozone Remains ...
Wed, 15 May 2013 11:16:09 +0100
Copper prices closed lower on the London Metal Exchange on Wednesday May 15, after visiting a low of $7,101 following figures showing that the eurozone remained in recession for a sixth consecutive quarter in the first three months of 2013.


Column-lme Nasaac; A Small Contract With Big Problems: Andy Home
Wed, 15 May 2013 10:08:00 +0100
As a niche contract it's not been at the forefront of the "warehouse wars" being fought out by banks and trader-warehousers in markets such as aluminium or zinc. After all, even at the start of the year there were "only" 147,000 tonnes of NASAAC sitting in ...