Zinc prices remained supported on shrinking inventories and smelter cuts in China despite of trade and inflation worries.
Demand for refined zinc will exceed supply by 322,000 tonnes this year, but the gap will narrow to 72,000 tonnes in 2019, industry data showed.
Resumption from maintenance raised output of refined zinc across Chinese smelters to 446,700 mt in September, up 6.7% from August.
For more information ✆ +91-8871068600 or visit Dynamic Money Research
No comments:
Post a Comment