RE: Why is the price of zinc falling?ALL mentals are falling, not only Zinc, due to Higher US Dollars, and supply and demand of individual mentals.
Zinc: from high 1.15 to 1.08;
Copper: from High 3.08 to 3.03 (perform best due to supply issue);
Nickle: from high 7.10 to 6.75;
Lead: from high 0.90 to 0.85.
There are more Zinc inventory at LME warehouse, but not a lot of Copper.
tiger
Arturo2020 wrote: That zinc remains above 1.05 is vital for the survival of TV, I cannot explain why it has been falling steadily when the price of the other metals remain with good support.