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Investing.com reported that zinc for three-month delivery traded higher yesterday, settling at $2,103 per metric ton (MT). That’s an increase of $40 from its previous close.
Investing.com reported that zinc for three-month delivery traded higher yesterday, settling at $2,103 per metric ton (MT). That’s an increase of $40 from its previous close.
As quoted in the market news:
We believe falling inventories for over past several sessions may be supporting the metal to trade higher. This morning at LME, Zinc is seen trading at $2084 down by $8 from its previous close. We believe the commodity still has the potential to trade higher so we recommend buying from lower.