Zinc on MCX settled down -0.43% at 126.75 on profit booking, but a stream of encouraging signals on China's economy fostered a less bearish outlook. LME zinc rose 0.2 per cent to close at $US1940 a tonne, the highest since July 31, 2015. Zinc inventories dropped for a 30th straight session to 411,050 metric tons, the lowest since August 2009, as supply cuts and the closing last year of China’s MMG Ltd. Century mine and Vedanta Resources Plc’s Lisheen mine boosted the need for supplies on exchanges.

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