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    March 19, 2020

    CRU: Zinc’s Price in Freefall as Covid-19 Lockdowns Spiral

    Written by Helen O’Cleary

    By CRU Senior Analyst Helen O’Cleary, from CRU’s Zinc Monitor

    The LME is preparing to move from trading in the ring to electronic settlement pricing as the UK ramps up Covid-19 restrictions on all but essential activities and LME prices continue to take a hammering. While Chinese demand is gradually recovering from the Q1 shock of virus-related lockdowns, the worst impact of demand destruction in most of the rest of the world will be felt in Q2.

    Helen O’Cleary

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    Plate supply squeeze tightens as demand presses higher

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