Zinc Prices Gains Helped By Data Showing China’s June Imports

Zinc trading range for the day is 189.5-197.5.

Zinc prices gains helped by data showing China’s June imports of refined zinc jumped

China's imports of refined zinc in June jumped 56.8% from the same time last year to 56,878 tonnes, official data showed.

The difference between cash and three-month zinc on the LME flipped to a premium, indicating a nearby supply shortage, while stockpiles in LME and ShFE held at low levels.

Warehouse stock for Zinc at LME was at 73675mt that is down by -2025mt.

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