Zinc Price

Zinc Price Falls From 5-Week High

Zinc futures fell to $2,825 per tonne, down from a 5-week high of $2,934, driven by a supply surplus and weak demand. The global refined zinc market saw a surplus of 228,000 tons in the first half of 2024, according to the International Lead and Zinc Study Group.

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Zinc Price

MCX Zinc Trend Today: Above 210 Target Price 228—238

MCX Zinc Trend Today: Above 210 Target 228—238 (Positional) Buy On Dips and Relaxxx. Zinc yesterday settled at 221.45 amid expectations of tighter zinc ingot supply. Pressure also seen affected by factors such as the slowdown of vaccination in Europe and the strengthening of the US dollar, US initial jobless claims unexpectedly increased last week.

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