The zinc market is picking up

According to experts, interruptions in the supply chain and an economic recovery should boost the zinc price. On the one hand, the fundamentals are strong, on the other hand, good future prospects are expected. It is worth taking a closer look at the zinc spot price here. The zinc spot price is the current price at which zinc can be sold or bought. The London Metal Exchange (LME), for example, serves as a source. There are also zinc futures. The spot price of a security is important, especially when viewed from the derivatives market. Here, the spot price refers to the current market, whereas the future price has the circumstances of a future supply-demand relationship in mind.

For investors who want to invest in the zinc market, it is beneficial to know something about the zinc spot price and zinc futures. Zinc is known from galvanizing steel to get corrosion protection. In this way, metallic components can be protected from damage. Pricewise, 2006 brought an all-time high of more than $4,000 per ton of zinc. Since the period after the economic crisis, the price of zinc has been steadily rising after the slump that accompanied it at that time, so there is a long-term upward trend. Zinc is more expensive than it has been for about 14 years. Zinc processors also seem to be positioning themselves and securing refined zinc.

For investors who want to bet on zinc, investments in companies such as Griffin Mining or Osisko Metals are a good option.

Griffin Mining – https://www.youtube.com/watch?v=t6PFpRjvfTo – is the largest producer of zinc in China. Its Caijiaying mine produces gold, silver and lead metals in addition to zinc.

Osisko Metals – https://www.youtube.com/watch?v=3gtXPK7de0I – is based in the Northwest Territories and owns the important Pine Point project there.

Current corporate information and press releases from Griffin Mining (- https://www.resource-capital.ch/en/companies/griffin-mining-ltd/ -) and Osisko Metals (- https://www.resource-capital.ch/en/companies/osisko-metals-inc/ -).

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

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