Zinc Prices Dropped As Prices Remained Under Pressure As The Dollar Index - Dollar Advisory | Best Commodity Tips Provider

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Monday 5 February 2018

Zinc Prices Dropped As Prices Remained Under Pressure As The Dollar Index

Zinc trading range for the day is 222.5-231.5.

Zinc prices dropped as prices remained under pressure as the dollar index gained ground following strong US data.

Consultancy Wood Mackenzie expects a zinc market deficit of 350,000 tonnes this year and 150,000 tonnes in 2019.

South Korea is seeking to buy 500 tonnes of zinc for arrival in April and May via separate tenders, state-run Procurement Service said.

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