Zinc Trading Range For The Day Is 156-160.8

Zinc trading range for the day is 156-160.8. Zinc prices ended with losses tracking Shanghai prices slumped towards seven-month lows alongside falling steel. Premiums for zinc held in China's bonded zones have surged to $195-205 from $155 last week. Signs of supply stress also showed on the ShFE, where front month prices flaring to more than 2000 yuan above the third month futures contract.

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