Zinc trading range for the day is 176-188.8. Zinc dropped tracking weakness from LME zinc which came under renewed selling pressure although it remains up in the week to date. New zinc demand growing by 2% in 2017, 280000tn of new zinc supply needs to be introduced into what is a 14mtn a year market. The refined zinc market was in deficit of 19,900 tonnes in September, the ILZSG said, bringing the year-to-date deficit to 251,000 tonnes.
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