Tag: zinc profit taking
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LME zinc slips despite early-week strength as inventories stabilise, arbitrage shuts
Early rally fades on profit-taking despite tight concentrate signals Stocks stable on LME, SHFE/LME ratio fluctuates close to 7.6 LME zinc prices ended the first full trading week of January on a weaker note after an early rally ran out of steam, as stable inventories and a closed import arbitrage limited fresh upside. The cash…