Zinc trading range for the day is 207.4-211.2.
Zinc prices dropped after US President Trump said he has instructed his administration to consider $100 billion in additional tariffs against China.
Operating rates of Chinese zinc smelters are likely to dip further in April, following a 2.14- percentage-point month-on-month drop in March.
Trump predicted that China would take down its trade barriers, expressing optimism despite escalating trade tensions that have roiled global markets.
Zinc prices dropped after US President Trump said he has instructed his administration to consider $100 billion in additional tariffs against China.
Operating rates of Chinese zinc smelters are likely to dip further in April, following a 2.14- percentage-point month-on-month drop in March.
Trump predicted that China would take down its trade barriers, expressing optimism despite escalating trade tensions that have roiled global markets.
For more information Call us ✆ +91 9111-179961 or Visit Dollar Advisory
No comments:
Post a Comment