Zinc Futures At One-Month Highs On MCX

India Info Online.com reports that Zinc futures have hit a one-month high in trading today.

The story is quoted as saying:

Zinc has been a commodity that has been in surplus. Going forward as well the surplus will remain even though demand from steel has started picking up. So far in 2010, the inventories on LME have gained by 29% to 630725 tonnes on 10 Dec 2010 as against 489125 tonnes on 4 Jan 2010.

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