Tag: seasonal rains
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India: Zinc ingot prices edge up amid tight supply, import uncertainty
Limited imports push up Australian zinc premiums LME futures hit 5-month high on sharp inventory drop India’s zinc ingot (99.995%) prices rose by INR 1,000/tonne (t) w-o-w to INR 283,000/t ex-Delhi, as per BigMint’s assessment. The increase was driven by tight availability in key consumption hubs; higher premiums on Australian-origin material, despite stability in official…