Thursday 31 January 2019

Zinc Prices Gained On Worries That Weak Refined Output In China

Zinc trading range for the day is 188.8-194.4.

Zinc prices gained on worries that weak refined output in China could send the global market into deficit.

Global mine production is expected to climb by 6.4 percent this year, up from only about 2 percent in 2018.

The forecasted global zinc deficit for 2019 to 50,000 tonnes from 31,000 tonnes.

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