Zinc Prices Lead on the Downside, Pressured by Large LME Deliveries

Gold Silver Reports (GSR) – Zinc Prices Lead on the Downside, Pressured by Large LME Deliveries – A 30,075-tonne delivery of zinc into LME-approved warehouses in Antwerp yesterday rattled price sentiment for the metal. The LME’s three-month zinc price closed down by 2.5% or $77 per tonne at $3,135 per tonne on Wednesday, with this weakness filtering through to prices on the SHFE.

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