Tuesday 30 April 2019

Zinc Prices Remained Under Pressure Due To Recovering Consumption

Zinc trading range for the day is 221.4-230.

Zinc prices remained under pressure due to recovering consumption and anticipated supply growth.

China March refined zinc imports at 51,111 tonnes

Zinc inventories in warehouses monitored by the Shfe fell 10 percent from a week earlier to a near three-month low at 79,399 tonnes.

Warehouse stock for Zinc at LME was at 81325mt that is up by 1300mt.

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