Zinc Settled Flat As LME Zinc Prices Closed In A Small Backwardation - Dollar Advisory | Best Commodity Tips Provider

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Tuesday 9 May 2017

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Zinc Settled Flat As LME Zinc Prices Closed In A Small Backwardation

Zinc trading range for the day is 162.4-169.2.

Zinc settled flat as LME Zinc prices closed in a small backwardation for the first time since Feb. 20.

Plans to boost infrastructure spending in China and the United States are bolstering market sentiment.

Zinc daily stocks at Shanghai exchange came down by 1904 tonnes.

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