Wednesday, 12 June 2019

Zinc Prices Gained After The US-Mexico Trade Discussion

Zinc trading range for the day is 203.1-209.7.

Zinc prices gained after the US-Mexico trade discussion and upbeat Chinese trade data boosted market sentiment.

Zinc’s upside seen limited on the anticipation of higher inventories on greater supplies from Chinese smelters.

China said that it will allow local governments to use proceeds from special bonds as capital for major investment projects, in a bid to support the slowing economy.

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