Zinc trading range for the day is 209.7-214.1.
Zinc gained as support seen after Glencore lowered its production forecast for zinc citing operational difficulties, maintenance and end-of-mine-life declines.
China’s refined zinc import is 77,198 tonnes in September, rising 368.26% on yearly basis and 17.7% on monthly basis.
In the week, week LME Zinc inventories reduces from 2,825 tonnes to 266,145 tonnes, and current premiums of LME spot zinc keeps high level.
For more information Call us ✆ +91 9111-179961 or Visit Dollar Advisory
Zinc gained as support seen after Glencore lowered its production forecast for zinc citing operational difficulties, maintenance and end-of-mine-life declines.
China’s refined zinc import is 77,198 tonnes in September, rising 368.26% on yearly basis and 17.7% on monthly basis.
In the week, week LME Zinc inventories reduces from 2,825 tonnes to 266,145 tonnes, and current premiums of LME spot zinc keeps high level.
For more information Call us ✆ +91 9111-179961 or Visit Dollar Advisory
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