Tag: zinc spreads
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Late-November LME zinc prices recover on dip-buying despite stock build-up
LME zinc cash prices gain 3.79% w-o-w LME zinc stocks continued to trend higher through late November Zinc prices on the London Metal Exchange (LME) firmed in the week ended 28 Nov, with prices stabilising and edging higher after a sharp correction recorded in the previous week. Prices were supported by dip‑buying and short‑covering, even…