RE:Woods Mackenszie expects $4k per ton--may have to translate namehij wrote: https://cn.reuters.com/article/graphics-zinc-supply-0118-idCNKBS1F80BJ
article.
They have predicted 2018 average zinc price at 1.76. Current average about 1.55
I hate to say it ( ok i don't ;0) but ... i did tell u all so. 3 months ago , 1 mon ago, and again last week. From WOOD'S analyst pens to the mam upstairs' ears. If accurate, this estimate means Zn will reach 1.75 by end if spring as i said last week. Plus likely spend some time at or near $2 this summer. All prior to the late summer inventory influx plus GLEN mine reopen supply hitting the market to cool things off a bit and return prices to a " new normal" of 1.65 -1 75. Happy days are acoming folks ! Open letter to TV management : take some of this $ FCF and buy back shares !