global zinc market – Market-Tracker

Zinc Rises As Expectations Of Increased Chinese Demand Set Off Short-Covering

Mahalakshmi@fastura.com4 months ago02 mins

The prospect of increased demand from China caused short-covering, which resulted in a minor increase in zinc prices of 0.06%, closing at 271.7. This hope stems from the anticipated Third Plenum of the Communist Party, which is set for July 15–18 and is anticipated to cover economic policy and reforms. Rising by 1,500 metric tonnes…

Zinc rose confirmed his desire to receive more stimulus from China

Mahalakshmi@fastura.com10 months ago10 months ago02 mins

Zinc prices increased by 1.72% to settle at 228.1, fueled by growing anticipation that China, the world’s largest metals user, would announce more stimulus measures. In response to economic difficulties, China’s central bank governor announced a 50 basis point cut in the reserve requirement for banks, beginning from February 5. Furthermore, effective of January 25,…

Tag: global zinc market

Zinc Rises As Expectations Of Increased Chinese Demand Set Off Short-Covering

Zinc rose confirmed his desire to receive more stimulus from China

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