Amit Gupta forecasts zinc cost range for the year
What happened
Amit Gupta reported that the cost range for zinc for the current year is $825-$850 per tonne. This forecast differs from the previous expectation of $975-$1,000 per tonne for 2026-27. Gupta noted that high by-product realizations, attributed to geopolitical disruption, provided benefits, while high energy prices negatively impacted costs.
From indiatimes.com
Why it matters
The forecast provides insight into the production costs of zinc, which is relevant to global commodity markets. Hindustan Zinc, a major producer, saw its costs fall 29% year-on-year in the September quarter to $703 per tonne. The updated cost structure could influence price discovery on the London Metal Exchange.
From indiatimes.com
Who's involved
- Amit GuptaReported the cost range for zinc for the current year.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- London Metal ExchangeSpeculative
The London Metal Exchange might see changes in trading activity and price discovery due to the updated cost structure from a major producer.
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The entities involved
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Amit Gupta
researcher ORCID 0000-0003-4420-2272
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