Monday, 16 September 2019

Zinc Prices Ended With Gains As Investors Cheered Signs Of Progress In Resolving The U.S.

Zinc trading range for the day is 183.8-190.2.

Zinc prices ended with gains as investors cheered signs of progress in resolving the U.S.- China trade conflict.

China's refined zinc and zinc alloy output grew by 1.4% in August from the previous month, as a recovery in smelter operating rates offset seasonal summer maintenance.

The country churned out 436,000 tonnes of zinc last month, which was also up 23.7% year-on-year

Warehouse stock for Zinc at LME was at 62550mt that is down by -400mt.

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