Zinc trading range for the day is 123.2-127.8. Zinc prices gained as supply cuts begin to take effect and inventories of the metal fall to the lowest since 2009.
China’s zinc concentrate imports hit a 20-month low of 147,000 tonnes in April, down 23.77% month-on-month and 36.82% year-on-year, according to China Customs.
Chinese zinc miners and smelters cranked up output in March after prices rallied, raising questions over the market's bullish scenario.
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