Zinc attempts to find new usages in solar and fertilizer industries

Amid the economic slowdown, where construction as well as auto sales have taken a hit, zinc metal, which finds strong application in both these sectors is looking at newer domestic consumption segments to grow. “Solar panels, power storage batteries and fertilizers are the three new areas where zinc market has ample scope to grow in India. There is more […]

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Zinc price to hover around $2,500 a tonne: Fitch

Continued deterioration of investor sentiment on the back of ongoing US-China trade war which is weighing on the economy, Fitch Solutions Macro Research today lowered its average global zinc price estimates to $2,500 per tonne for 2019 from $2,600 per tonne earlier. This is despite tightening fundamentals, as global zinc slab production has declined by 1.1 per cent y-o-y in Jan-Jun, […]

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Glencore pressured to curb coal production on environmental concerns

Glencore has become the latest energy heavyweight to succumb to climate change pressure and has announced it will stop raising its coal production capacity, CNBC reports. The Swiss company’s current thermal coal production capacity is 150 million tonnes annually, which makes it the biggest single exporter of the commodity. But as pressure mounts on the energy […]

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Energy commodity prices increased in the second half of 2017; metals rose too – EIA

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After decreasing nearly 20% in the first half of 2017, the spot energy index in the Standard and Poor’s (S&P) Goldman Sachs Commodity Index (GSCI) ended 2017 16% higher than the beginning of the year, thanks to higher crude oil and petroleum product prices in the second half of the year, the U.S. Energy Information […]

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Prices of energy commodities seen rising in 2018; metals to balance out after this year’s surge – World Bank

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Prices for energy commodities – which include oil, natural gas, and coal — are forecast to climb 4 percent in 2018 after a 28 percent leap this year, the World Bank said in its October Commodity Markets Outlook. The metals index is expected to stabilise in the coming year, after a 22 percent jump this year […]

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