METALS-Zinc falls to 7-week low on expectations of rising supply

Zinc prices on Wednesday fell to a seven-week low on expectations that a supply crunch will ease. Benchmark zinc on the London Metal Exchange (LME) closed down 1.8 percent at $2,455 a tonne after touching $2,445, the lowest since Sept. 21. "Smelter margins in China are picking up and the expectation is that production is set to trend higher into year-end," said Deutsche Bank analyst Nick S

https://ift.tt/2RFKDMn support@endlesssupplies.biz (Endless Supplies .Biz) November 07, 2018 at 01:02PM