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Zinc rally to fade towards year-end

After falling at the start of the year, robust demand and constrained supply have pushed the price of zinc higher in recent months. The strength in prices is likely to persist over the next couple of months as concentrate availability is reduced by temporary mine shutdowns in China’s Sichuan province. However, we expect prices to start to decline later on in the year and more markedly in 2018 as concentrate supply picks up and growth in demand slows.

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