Zinc trading range for the day is 182.3-186.5.
Zinc prices remained supported after Caixin survey showed that China’s factory activity unexpectedly expanded in August.
However, the price gains were capped by lingering worries about a global economic downturn and a robust US dollar.
Stocks of refined zinc across Shanghai-bonded areas fell for a third straight week, decreasing by 2,000 mt from a week ago to 88,500 mt.
Zinc prices remained supported after Caixin survey showed that China’s factory activity unexpectedly expanded in August.
However, the price gains were capped by lingering worries about a global economic downturn and a robust US dollar.
Stocks of refined zinc across Shanghai-bonded areas fell for a third straight week, decreasing by 2,000 mt from a week ago to 88,500 mt.
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