Zinc Dropped As Investors Locked In Gains Made Since The United States

Zinc trading range for the day is 177.5-181.1.

Zinc dropped as investors locked in gains made since the United States and China reached a preliminary trade deal earlier this month.

Treatment charges for zinc concentrate in China rose to $310 a tonne this month, the highest since June 2008, incentivising smelters to raise output.

The global zinc market moved to a surplus of 7,300 tonnes in October from a revised deficit of 21,100 tonnes in September.

For more information ✆ +91- 6232578593 or visit www.moneymarketmanthan.com