vrijdag 25 juli 2014

Zinc is on the rise

A couple weeks ago, KBC Securities of Belgium issued an alert that the price of zinc could start its rise again as zinc supply is going to deteriorate in the coming years. The severity of this supply disruption could be twice as severe as in the years 2000.

Let's take up a chart of the price of zinc (chart provided by InfoMine.com)
If we just look at what zinc did in the year 2000, we see that zinc had a 300% increase to its all time high at 2 USD/lb. If the supply disruptions are twice as severe today, imagine what the zinc price can do at this stage.

Let's go on to the fundamental picture of zinc supply and demand. Read on here.

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