Zinc trading range for the day is 122.7-128.3.
Zinc prices ended with losses due to profit taking, weaker stock markets and falling oil prices are all putting pressure on the metals.
Global demand is expected to increase by 1%, slightly improving from a 0.7% increase in 2015, according to ILZSG.
Zinc daily stocks at Shanghai exchange came down by 3144 tonnes.
For more information ✆ – 0731-6642300 or Visit http://www.epicresearch.co
Zinc prices ended with losses due to profit taking, weaker stock markets and falling oil prices are all putting pressure on the metals.
Global demand is expected to increase by 1%, slightly improving from a 0.7% increase in 2015, according to ILZSG.
Zinc daily stocks at Shanghai exchange came down by 3144 tonnes.
For more information ✆ – 0731-6642300 or Visit http://www.epicresearch.co
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