Zinc Trading Range For The Day Is 194-196.6

Zinc trading range for the day is 194-196.6.

Zinc prices dropped as expectations of a sustained rebound in social inventories amid rising production kept investors pessimistic.

China’s monthly production of refined zinc hit a fresh record high October, as high margins encouraged smelters to step up operations.

Data showed that about 529,300 mt of refined zinc was produced across China last month, up 2.64% from September

Warehouse stock for Zinc at LME was at 53250mt that is up by 3150mt.

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