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Bullboard - Stock Discussion Forum Noranda Income Fund Unit NNDIF

Noranda Income Fund is a Canadian based income trust. The fund owns the electrolytic zinc processing facility and ancillary assets located in Salaberry-de-Valleyfield, Quebec. It produces refined zinc metal and by-products from sourced zinc concentrates. The fund's long-term objective is to maximize unitholder value and provide monthly distributions to unitholders.

OTCPK:NNDIF - Post Discussion

Noranda Income Fund Unit > China energy concerns waning
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Post by ZincDink on Nov 23, 2021 10:48pm

China energy concerns waning

Sounds like the China energy concerns have been mainly addressed. Still think energy prices will increase significantly, but for now, sounds like no plants will be forced to curtail.

Worse news, a hole foreign concentrate suppliers are witholding concentrate to force TC down. Here is hoping Europe dumps concentrate and foces the Chinese concentrate suppliers to eat it.
Comment by Scotch12 on Nov 24, 2021 6:33pm
Can posters please give a link regarding where they are getting their information. Otherwise, it just seems they are pulling their data out of nowhere (their asses).  To me a post without a reference to the source of information is meaningless. I am sure others feel the same way. Not meant to disrespect ZincDink who is a valued poster and who  is a very good source of into on the site.
Comment by ZincDink on Nov 24, 2021 6:44pm
The change in pricing of concentrate and TC as well as some reports of interest is available on AsianMetals.com. https://www.asianmetal.com/ZincPrice/Zinc.html Unfortunately in most cases, I can only read the headline (for example, the latest about concentrate being with held). The changes in electricity pricing and coal availability are various (things like Bloomberg, Finacial Times, OilPrice ...more  
Comment by Bwrbhk on Nov 25, 2021 12:44pm
You can also get info on TC's and other Chinese news from SMM (Shanghai Metal News).
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