Friday 6 September 2019

Zinc Prices Gained As Support Seen After Confirmation Of Talks Between U.S. And China

Zinc trading range for the day is 183.7-191.7.

Zinc prices gained as support seen after confirmation of talks between U.S. and China also aided sentiment.

Prices also rose as apparent progress in the political crises in Britain and Hong Kong gave investor confidence a shot in the arm, with easing fears of a hard Brexit.

The US trade deficit narrowed less than expected in July as the US-China trade war drags on.

Warehouse stock for Zinc at LME was at 66600mt that is up by 425mt.

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