Zinc trading range for the day is 185.8-195.6.
Zinc prices dropped tracking LME prices as risk aversion grew as the US stock market slumped.
China’s domestic supplies stayed relatively tight, market optimism cooled as downstream consumption went sluggish at the year-end.
Social inventories of refined zinc across Shanghai, Guangdong and Tianjin came in at 123,000 mt.
For more information ✆ +91-8871068600 or visit Dynamic Money Research
Zinc prices dropped tracking LME prices as risk aversion grew as the US stock market slumped.
China’s domestic supplies stayed relatively tight, market optimism cooled as downstream consumption went sluggish at the year-end.
Social inventories of refined zinc across Shanghai, Guangdong and Tianjin came in at 123,000 mt.
For more information ✆ +91-8871068600 or visit Dynamic Money Research
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