Monday, 9 December 2019

Zinc Trading Range For The Day Is 180.5-186.1

Zinc trading range for the day is 180.5-186.1.

Zinc dropped as the markets shuddered after US President Donald Trump warned the trade war with China could go beyond 2020 election.

Activity in China’s services sector, which accounts for more than half of China’s economy, accelerated to a seven-month high in November

US services sector activity slowed more than expected in November amid lingering concerns about trade tensions and worker shortages

Warehouse stock for Zinc at LME was at 58675mt that is down by -125mt.

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