Currency fluctuations crunch export earnings

By Laura Syrett
Published: Friday, 20 March 2015

Global soda ash market in for a positive 2015; zircon prices expected to remain flat in near term; currency depreciation hits phosphate and TiO2.

Currency fluctuations played havoc with mineral prices in March. City of London analysts have predicted that the euro could slip to a one-to-one exchange rate with the US dollar, following the commencement of the European Central Bank’s (ECB) quantitative easing programme. The euro was valued at €1.05 against the dollar...

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