Wednesday, 21 August 2019

Zinc Prices Dropped After Investors Remained Cautious About Lower LME

Zinc trading range for the day is 181.4-184.6.

Zinc prices dropped after investors remained cautious about lower LME zinc inventories amid a contango structure.

Growing expectations of higher stocks on poor consumption also depressed confidence.

Zinc social inventories across Shanghai, Tianjin and Guangdong inched up over the weekend, as shipments from Guangdong arrived in Shanghai.


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