True it's good for current producers of Zinc but the price has gone this high because Glencore has been playing the market.
They have about 500k tonnes of global production supply they are holding back on so they can milk the price. If they chose to crank up their production again the price will reverse.
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Last
2.1¢ |
Change
-0.001(4.55%) |
Mkt cap ! $30.36M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.2¢ | 2.1¢ | $31.62K | 1.447M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1634358 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 1946107 | 5 |
View Market Depth
| Last trade - 16.10pm 23/06/2025 (20 minute delay) ? |
| ARD (ASX) Chart |