Dramatic rise in Zinc and Nickel prices in 2015


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“Global supply and demand conditions for refined zinc are in deficit in 2014,” Scotiabank economist Patricia Mohr reports in August’s Scotiabank Commodity Index . “For nickel, the world supply and demand balance will shift into a marked deficit in 2015, as China depletes its inventory of Indonesian ore production.”

Scotiabank’s Metal & Mineral Index rallied strong in July as base metal prices jumped higher across a broad front — “pushed up in part by exuberance over better-than-expected results for China’s economy”.

Via Dramatic rise in Zinc and Nickel prices in 2015
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