Tag: LME zinc inventory decline
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LME Zinc rebounds w-o-w on steady buying, inventories extend decline
Stocks dip below 102,000 t as physical tightness persists SHFE market closed for Lunar New Year holidays London Metal Exchange (LME) zinc prices recovered in the week ended 20 February, supported by steady buying interest and continued inventory draws. While upside remained measured, the absence of aggressive selling pressure allowed prices to stabilise after the…