Longs Still Confident on Zinc Ore Shortages

Published: Oct 31, 2017 18:31
Longs still have confidence to hold their positions due to zinc ore shortages. This will continue to bolster zinc prices.

SHANGHAI, Oct. 31 (SMM) – Longs still have confidence to hold their positions due to zinc ore shortages. This will continue to bolster zinc prices.

When Glencore will restart its zinc mines has been a focus of markets. The company’s CEO said they will hike zinc output once it is believed increasing output will not weigh down zinc prices.

 

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Longs Still Confident on Zinc Ore Shortages - Shanghai Metals Market (SMM)