Zinc Prices Increased During China’s Economic Stimulus Programs

Zinc prices rose by 0.14% to 288.2 due to China’s economic stimulus measures, including liquidity injections, mortgage rate cuts, and easing home purchase restrictions. The central bank announced plans to reduce mortgage rates for existing home loans before October 31. However, zinc inventories in warehouses monitored by the Shanghai Futures Exchange dropped to 79,980 metric…

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