Zinc Peaks 5-Week High; Copper Hits February’s Best
Quick Look Zinc futures soared to a 5-week high amid output cuts at a South Korean smelter. Combined zinc inventories have reached peak levels since May 2021, hinting at supply pressures. SHFE copper prices escalate, signalling a stronger import appetite in China. Mixed movements in other metals, with notable increases in nickel and tin prices. …
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