Aluminium T/Sow Ingot
Aluminium T-ingots and sow ingots are large blocks of aluminium typically produced through the smelting process. These ingots are cast in moulds, resulting in t...
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Aluminium T/Sow Ingot Market Reports
Aluminium T/Sow Ingot Market Reports
Zinc Prices See Positive Movement Amid Tight Supply and Market Fluctuations
Zinc prices have shown an uptick across major markets, with LME, SHFE, and MCX prices all reflecting positive trends. The price rise is attributed to supply concerns, particularly after large withdrawals from LME warehouses by Trafigura and a decline in SHFE inventories. Although demand remains subdued, market fluctuations are expected.
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Zinc Prices Decline Amid Bearish Market Sentiment and Supply Deficits
Zinc prices experienced a significant drop on multiple exchanges due to a stronger U.S. dollar, slower U.S. interest rate cuts, and supply concerns. LME, SHFE, and MCX zinc all saw declines, with LME closing down by 2.95% and SHFE and MCX following suit. LME inventory showed an increase, while SHFE and MCX trading volumes decreased.
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Zinc Prices Maintain Upward Momentum Amid Supply Constraints and Economic Uncertainty
Zinc prices are experiencing fluctuations in global markets, with LME and SHFE showing bullish trends, while MCX zinc faces slight pressure due to economic concerns. Zinc supply remains tight, supporting higher prices, though recent economic data and macro policies suggest potential volatility ahead. The global zinc market deficit has narrowed, and production continues to increase, particularly in China.
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