2020: 155k metal equivalent increase from 2019 2021: 290k metal equivalent increase from 2019
Where 2019 was oversupplied zinc concentrate market... One doesn’t need to be a rocket surgeon to figure out what will happen when you push additional tonnes to an already oversupplied zinc market.
If you chose to buy more for a short term trade good for you but the market dynamics are pretty clear over the short to medium term.
NCZ Price at posting:
28.5¢ Sentiment: Sell Disclosure: Not Held