Zinc Extends Decline Ahead of China Economic Data

Bloomberg reported that zinc declined further on the LME after industrial metals tumbled ahead of China economic reports.

As quoted in the market news:

Zinc dropped as much as 0.6 percent to $1,863.75 a metric ton on the London Metal Exchange before trading at $1,868.50 at 9:23 a.m. Shanghai time. Lead fell 0.3 percent to $2,043 a ton. The LME Index (LMEX) of six primary base metals tumbled 2.6 percent on April 12, the most since April 10, 2012.

Click here to read the full Bloomberg report.