Tag: LME zinc cash settlement

  • LME zinc rises 2% w-o-w as inventories extend drawdown

    LME zinc rises 2% w-o-w as inventories extend drawdown

    Concerns over tightening nearby availability lift LME prices MCX gains sharply, SHFE zinc remains under pressure London Metal Exchange (LME) zinc prices rose by over 2% during the week ended 24 July 2026, supported by a continued drawdown in exchange inventories and renewed buying interest across the base-metals complex. Prices strengthened throughout most of the…