Monday, 18 March 2019

Zinc Prices Dropped On Profit Booking After Prices Seen Supported On Investors

Zinc trading range for the day is 191.1-201.3.

Zinc prices dropped on profit booking after prices seen supported on investors worry about ultra-tight stocks.

China January to February zinc output down 8.2 percent from a year earlier at 851,000 tonnes, the National Bureau of Statistics said

The low-inventory situation, as well as fears of production outrages, has spurred the backwardation in London Metal Exchange zinc higher.

For more information +91- 6232578593 or visit www.moneymarketmanthan.com

No comments:

Post a Comment

Silver Trading Range For The Day Is 46112-46984

Silver trading range for the day is 46112-46984. Silver prices ended with losses as stocks traded higher ahead of the U.S.-China phase o...