NALCO Aluminium T/Sow Ingot (IT07/SE07) in Faridabad

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.

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.

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.

Zinc prices saw mixed movements across major markets last Friday, with the LME down by 1.05%. In contrast, MCX Zinc rose by 0.61%. Supply tightness continues to support prices, especially as LME inventories drop. The global zinc deficit decreased slightly in September, while China faced reduced production.

Zinc prices have been experiencing upward momentum due to speculation around potential production cuts and ongoing supply-side challenges. LME zinc saw a rise of 0.91%, while SHFE and MCX markets showed stable movements. Zinc inventories at LME and SHFE fell, signaling tightening supplies, while demand has been supported by moderate downstream consumption.

Zinc prices showed modest gains across major exchanges, with LME zinc rising by 0.35%, SHFE increasing by 0.88%, and MCX zinc up by 0.29%. This uptick came amid slight improvements in consumption, high spot premiums, and rumours of production cuts. The global zinc market also faces a widening deficit, although China's zinc production has increased slightly.

Zinc prices have experienced a slight increase recently, supported by a weaker US dollar and improved consumption in the SHFE market. However, market sentiment remains cautious as traders await US Federal Reserve signals. The opening of the Kipushi mine in the DR Congo also took place.

Zinc prices have shown mixed trends across global markets, with LME and MCX witnessing slight gains, while SHFE registered a dip due to weaker trading volumes and policy concerns. Global zinc inventories remain tight, with the deficit growing to 66,300 mt in August.

Zinc prices have been under pressure, experiencing significant declines across major trading platforms including LME, SHFE, and MCX. The market is facing weak demand conditions, with a rise in the U.S. dollar and limited support from macroeconomic policies affecting sentiment. Despite a slight rise in open interest, market sentiment remains bearish.