Monday, 30 April 2018

Zinc Prices Pushed Lower Continuing Its Weak Trend As Inventory

Zinc trading range for the day is 205.2-213.4.

Zinc prices pushed lower continuing its weak trend as inventory at the exchange’s warehouses continued to rise.

Global demand for refined zinc is expected to exceed supply by 263,000 tonnes, the International Lead and Zinc Study Group said.

South Korea purchased 500 tonnes of zinc for July arrival via separate tenders that closed, the state-run Public Procurement Service said.

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