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Tag: zinc futures price trend

  • LME Zinc eases w-o-w as late-week selling cuts mid-week gains

    LME Zinc eases w-o-w as late-week selling cuts mid-week gains

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    by

    Prerana Rout
    in ,

    Inventory draws extend for fifth week, tightening visible supply Concentrate tightness continues to cap smelter margins London Metal Exchange (LME) zinc prices ended lower in the week ended 13 February, as late-week profit-taking offset strong mid-week gains. While macro cues remained mixed, continued inventory draws and ongoing concentrate tightness provided underlying support. Price trends LME…