What Goes Up, Must Come Down

摘要

AME estimates the 2017 zinc price will average US$2,900/t (US$1.32/lb), 38% higher than 2016 due to shortagesin the concentrate and refined markets. In 2018, an increase in mine output will stimulate refined production,resulting in the zinc price easing from the June Quarter to average US$3,160/t (US$1.43/lb) over the full year.With the market returning to balance in 2019 the zinc price will slowly decline over the year to average US$2,950/t(US$1.34/lb), down 7% year on year.