Zinc trading range for the day is 203.9-208.7.
Zinc prices gained tracking firmness in LME prices amid fears of supply shortages
Zinc premiums remained largely flat in inactive spot markets across the globe as spot demand was weak.
Support for premiums is seen from nearby LME spreads moving to contango from backwardation after Glencore’s mine restart announcement.
Zinc prices gained tracking firmness in LME prices amid fears of supply shortages
Zinc premiums remained largely flat in inactive spot markets across the globe as spot demand was weak.
Support for premiums is seen from nearby LME spreads moving to contango from backwardation after Glencore’s mine restart announcement.
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