Zinc Prices Dropped After The United States And China Agreed To Hold Further Trade

Zinc trading range for the day is 181.4-189.8.

Zinc prices dropped after the United States and China agreed to hold further trade talks to resolve a dispute that has weakened global growth.

Data showed that social inventories of refined zinc across Shanghai, Tianjin and Guangdong dropped 5,800 mt.

The net speculative long position on the LME reached 43% of open interest, the highest since September 2017 when it peaked at 47%.

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