By Heather Matthews – Exclusive to Lead Investing News Current market climate Over the past nine months, zinc and lead spot prices have declined 26 per cent as a result of a long-term market surplus that has negated demand for the base metals worldwide. The impact of this surplus is manifesting itself in myriad forms [...]
In order to increase metal prices as well as save electricity and complete maintenance 27 of China’s smaller lead and zinc smelters agreed to reduce production by 10 percent in July and September. Analysts have also suggested that building a stockpile of lead will help keep prices stable. Tong Leshen, an analyst with the Shanghai [...]
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