Tuesday, 10 April 2018

Zinc Prices Dropped After US President Trump Said He Has Instructed His Administration

Zinc trading range for the day is 207.4-211.2.

Zinc prices dropped after US President Trump said he has instructed his administration to consider $100 billion in additional tariffs against China.

Operating rates of Chinese zinc smelters are likely to dip further in April, following a 2.14- percentage-point month-on-month drop in March.

Trump predicted that China would take down its trade barriers, expressing optimism despite escalating trade tensions that have roiled global markets.

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