Tag: zinc price rally

  • Critically low LME inventories continue to strengthen zinc prices

    Critically low LME inventories continue to strengthen zinc prices

    Three-month LME zinc contract gains 2.51% MCX tags rise on improving global sentiment The London Metal Exchange (LME) zinc market witnessed strong upward momentum during Week 42, driven by continued supply-side support and firm fundamentals. Prices surged to multi-month highs, although they faced some profit-taking towards the end of the week. Critically low LME inventories…