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COLUMN-Zinc 2020 benchmark smelter terms may already be outdated: Andy Home

Nasdaq - 3/26/2020 2:00:00 AM
This year's benchmark zinc smelter treatment charges have been set at a 12-year high of $299.75 per tonne, according to Fastmarkets. LONDON, March 25 (Reuters) - This year's benchmark zinc smelter treatment charges have been set at a 12-year high of $299.

MCX-Zinc likely to extend downtrend

Business Line - 3/22/2020 12:01:00 PM
The March futures contract of Zinc Mini, which has been moving in a sideways trend between ₹150 and ₹158 for the past three weeks, broke below the lower boundary of the range on Monday, on the Multi Commodity Exchange (MCX ... potentially indicating that the price could weaken to ₹115. The price remaining below 21- and 50-day moving ...

MCX Zinc under fresh buying; Support seen at 141.8

Commodity Online - 3/27/2020 10:29:00 AM
Technically Zinc market is under fresh buying as market has witnessed gain in open interest by 12.12% to settled at 10119 while prices up 1.45 rupees. Now MCX Zinc is getting support at 141.8 and below same could see a test of 139.1 levels, and resistance ...

Fitch lowers commodity price assumptions due to COVID-19

Miningreview - 3/24/2020 6:37:00 AM
We have lowered zinc price assumptions for 2020-2021 and kept other prices unchanged ... Gold prices are significantly influenced by investment flows and central banks' purchases and sales as well as commodity market supply and demand. Prices tend to increase in periods of financial market uncertainty, so we have raised our assumptions for ...

MCX Zinc under long liquidation; Resistance seen at 145.2

Commodity Online - 3/30/2020 7:52:00 AM
Technically Zinc market is under long liquidation as market has witnessed drop in open interest by 3.42% to settled at 9773 while prices down 2.65 rupees. Now MCX Zinc is getting support at 140.2 and below same could see a test of 138.2 levels, and resistance is now likely to be seen at 145.2, a move above could see prices testing 148.2. Zinc ...

Korea Zinc: 2020 Zinc Benchmark TC Higher than Expected

BUSINESS KOREA - 3/30/2020 1:17:00 AM
With concerns towards the global spread of Covid-19 and economic downturn affecting the entire commodities market, the effect on profits of TC increase is likely to be offset by falling metal prices. Nevertheless, we anticipate that Korea Zinc’s solid fundamentals will come to stand out amid volatile stock market conditions. We note that ...

Zinc Exploration in the Mining-friendly Jurisdiction of Spain

Investing News Network - 3/25/2020 6:18:00 AM
“Merida believes that current commodity supply, metal prices, grade, and technological advances since the 1990s make PBR an attractive exploration and development project. We plan to leverage this historical database as we further develop the PBR project in an upcoming property-wide exploration program in 2020,” said Brewster. Zinc’s ...

Column: Zinc 2020 benchmark smelter terms may already be outdated

Reuters - 3/25/2020 2:27:00 PM
This year’s benchmark zinc smelter treatment charges have been set at a 12-year high of $299.75 per tonne, according to Fastmarkets. This is not surprising. The spot market has swung even higher in recent months as a surplus of mined zinc concentrate works in favour of smelters,