ZINC 0.08% $2,575.9 zinc futures

losses due to zinc price being too low, page-5

  1. 10,329 Posts.
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    As we all know now, the drop in Zinc has been a text book example. Price still dosn't look like it has much support, I would not be buying it.

    Prices should sit around here for a long long time and maybe the odd 40c rally lasting a year or so and subsequent decline.

    I don't find it at all surprising that some companies can not make a profit here, thats the way it should be.

    By the time the next boom comes around, most cashed up companies should be in debt and the weaker ones gone broke. This would be normal.
 
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