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Zinc: Prices hit new highs again
Zinc prices rose to the highest level since 2007 on Thursday on supply concerns after producer Nyrstar announced a plan to cut its output due to high energy prices in Europe. The most-traded November zinc contract on the Shanghai Futures Exchange rose as much as 8...
Caustic soda: tightening up on Asian supplies
The current tight supply conditions for liquid caustic soda in Asia may continue in the near term, as the recent reduction in production in China has had knock-on effects on the broader regional market. The reduction in chlor-alkali production in China has prompted...
Copper: Codelco increases premium in Europe by 31%
Codelco said it can supply copper to European customers at a premium of $128, signalling that the world's largest copper miner expects strong demand to continue even as headwinds persist. Codelco raised its annual premium by $30 a tonne. The offer is $5 higher than...
Zinc: prices above 2019 highs
While mining production has rebounded strongly from last year's volumes, delays at key projects such as Glencore's Zhairem mine in Kazakhstan and Lundin's Neves Corvo expansion in Portugal have kept production below pre-pandemic levels. But these, and other capacity...