Tag: zinc demand China
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LME zinc prices slide w-o-w amid bearish sentiment despite falling inventories
Oversupply concerns weigh on zinc prices SHFE warehouse stocks rise by 8.8% w-o-w London Metal Exchange (LME) zinc prices experienced downward pressure throughout the week despite falling inventories. The downtrend was primarily influenced by persistent oversupply concerns and global macroeconomic uncertainties. While there were brief periods of stabilisation, overall market sentiment remained bearish. LME prices…