S&P upgrades metals

ZINC has enjoyed the biggest upgrade among S&P Global Ratings’ revised metal price forecasts, though its upside looks limited.

S&P upgrades metals S&P upgrades metals S&P upgrades metals S&P upgrades metals S&P upgrades metals

The agency lifted its zinc outlook for the rest of 2016 to $US2200 per tonne from the previous estimate of $1550/t.

Zinc reached a 15-month high of $2319.