Thursday, October 30, 2008

Chinese zinc prices may fall to $1,025 in 2009

Shanghai. October 31. INTERFAX-CHINA - Domestic zinc prices on both spot and futures markets may stay between RMB 7,000 ($1,024.89) and RMB 8,000 ($1,171.30) per ton next year, on the back of a large market surplus as well as low consumption growth, an official with Shanghai-listed Zhuzhou Smelter Group Co. Ltd. said at an industry conference on Oct. 30.

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