Tag: metal market analysis
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LME Zinc declines sharply w-o-w amid inventory surge; prices slip below $3,100/t
LME stocks jump early in the week, pressuring prices; slight late-week drawdown offers limited support MCX zinc tracks global weakness; SHFE prices trend lower through the week London Metal Exchange (LME) zinc prices declined sharply in the week ended 20 March, weighed down by a significant build-up in exchange inventories and cautious market sentiment. Prices…