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Investing.com reported that LME zinc prices have climbed slightly since Friday, from $1,985 to the $2,060 to $2,070 range.
Investing.com reported that LME zinc prices have climbed slightly since Friday, from $1,985 to the $2,060 to $2,070 range.
As quoted in the market news:
Although Indian Zinc prices have risen in line with LME prices, the gains have been minimal due to the rupee’s appreciation.
There are no signs of support for the commodity from the inventory front as the LME stocks for zinc have been declining for the past several weeks which stood at 0.776 million tons in the last week, up from 0.780 million tons.