LME ASIA WEEK 2018: Low mined supply, smelter maintenance in China to buoy zinc above $3,000/t - Dong Ling

Lower-than-expected mined zinc output and smelter maintenance in China will support the zinc price to stay above $3,000 per tonne this year, according to the leading zinc smelter at LME Asia Week.

“At the beginning of this year, the industry thought there would be a 120,000 tonnes of growth in mined zinc output, but now it’s unlikely. The suspended small mines were not coming back and the grades at large mines have been falling,” He Qiang, general manager of Dong Ling Group International Trade, said at a side...

Published

Julian Luk

May 16, 2018

15:05 GMT

London