Tag: LME zinc forecast

LME zinc prices decline w-o-w amid profit booking; inventories continue downtrend

May 2, 2026

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by

Prerana Rout

in Non Ferrous, Zinc

Sustained stock drawdowns fail to offset weak sentiment Chinese market remains cautious, SHFE prices decline London Metal Exchange (LME) zinc prices fell in the week ended 1 May 2026, as profit booking at higher levels weighed on the market despite continued drawdowns in exchange inventories. Prices softened w-o-w, with buying activity remaining largely need-based amid…