Zinc settled 1.03% higher at Rs 417.6, buoyed by tightening supply conditions and disruptions across major producing regions. However, concerns regarding future Chinese export deliveries to the London Metal Exchange and weakness in LME copper constrained further gains. Nyrstar has initiated a strategic review of its zinc smelting operations in the Netherlands, whereas Mitsui Kinzoku Read More
Zinc settled 1.4% lower at Rs 410.6, influenced by expectations of increased refined production from Japan’s Mitsui Kinzoku, which intends to produce 117,700 tonnes of refined zinc in the second half of fiscal 2026, reflecting a 32% year-on-year increase. Sentiment was influenced by weaker Chinese economic indicators, as industrial profits increased by 15.7% in the Read More
Zinc settled lower by 1.03% at Rs 422.35 as a stronger US dollar and expectations of further Federal Reserve rate hikes to contain inflation pressured prices, while supply concerns limited the downside. Nyrstar announced a strategic review of its Dutch zinc smelting operations, raising concerns over future refined zinc availability. China’s zinc production contracted for Read More
Zinc prices settled down 0.39% at Rs 434.1, influenced by elevated prices that weakened demand and discouraged buying in China. Additionally, expectations of increased Chinese export deliveries to the LME contributed to the downward pressure. The decline was also influenced by a sharp pullback in copper amid changing tariff expectations, which weighed on the broader Read More
Zinc settled 1.04% higher at Rs 429.05, while LME zinc prices surpassed $4,000 per tonne for the first time since 2022, reflecting considerable supply pressures in the market. Production disruptions at several mines, including those in China, coupled with restricted Iranian ore shipments due to heightened tensions in the Middle East, have raised concerns regarding Read More
Zinc prices concluded the session with an increase of 0.76%, reaching Rs 417.4. This rise is attributed to concerns over tightening supply, a decrease in exchange inventories, and a boost in economic sentiment. However, it is noteworthy that the escalating prices are starting to exert pressure on physical demand in China. The zinc inventories monitored Read More
Zinc settled sharply higher by 3.05% at Rs 424.7, bolstered by tightening supplies outside China, a decrease in LME inventories, and apprehensions regarding possible production disruptions in China. LME zinc stocks have decreased by 25% since mid-June, now totalling 93,250 tonnes. Concurrently, the premium of LME cash zinc over three-month zinc has risen to $132 Read More
Amidst tightened supplies and mounting fears about production interruptions in China, where heavy rainfall and flooding are endangering mining and smelting operations, zinc finished 0.42% higher at Rs 399.20. Production adjustments at a mine in Southwest China are anticipated to decrease concentrate output in August by approximately 1,000 tonnes. Concurrently, maintenance activities at a smelter Read More
Zinc prices experienced a decline of -1.3%, concluding at Rs 341.8, influenced by reports that Swedish miner Boliden intends to recommence production at its Garpenberg mine in the second quarter, thereby alleviating certain supply apprehensions. Nonetheless, losses were contained as short-term supply constraints persist, supporting the market due to limited availability of raw materials. Fundamentally, Read More
