Zinc trading range for the day is 226.2-232.
Zinc prices dropped as pressure seen after Zinc inventories on the Shanghai Futures Exchange jumped 12 percent in the week to 114,887 tonnes.
The global zinc market deficit narrowed to 48,600 tonnes in December from a revised deficit of 65,700 tonnes in November, data from the ILZSG showed.
European zinc premiums dropped into a wider range, which reflects a retreat by traders from physical positions.
Zinc prices dropped as pressure seen after Zinc inventories on the Shanghai Futures Exchange jumped 12 percent in the week to 114,887 tonnes.
The global zinc market deficit narrowed to 48,600 tonnes in December from a revised deficit of 65,700 tonnes in November, data from the ILZSG showed.
European zinc premiums dropped into a wider range, which reflects a retreat by traders from physical positions.
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