Monday, 11 March 2019

Zinc Dropped After Trade Data From China Pointed To A Slowing Economy

Zinc trading range for the day is 187.5-194.7.

Zinc dropped after trade data from China pointed to a slowing economy despite recent stimulus measures, denting demand expectations.

China's exports fell by the most in three years in February while imports fell for a third straight month.

China's refined zinc output saw its steepest plunge since 2013 last year, partly due to tight raw material supply and longer maintenance periods.

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