Tag: zinc supply shortage
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LME zinc prices ease despite supply squeeze as weak Chinese demand persists
MCX zinc edges up amid spot demand SHFE prices flat, social inventory rises The London Metal Exchange (LME) zinc market experienced price volatility and ended the week slightly lower, influenced by mixed signals, including a severe supply squeeze and cautious macroeconomic sentiment. Despite periods of significant intraday gains, profit-taking and lingering concerns over China’s domestic…