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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Market Reports
Market Reports
Zinc Prices Surge Amid Optimism for Chinese Stimulus and Strong Market Sentiment
Zinc prices showed positive movement across major markets, with LME, SHFE, and MCX all experiencing gains. LME zinc saw a rise of 0.67%, while SHFE zinc and MCX zinc also reflected upward trends. Zinc inventory saw a small decline, and smelter production is expected to rise by 5% in December. Experts predict further upward movement if key resistance levels are broken.
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Zinc Market Shows Bearish Signals Despite Modest Gains in Demand
Zinc prices saw minor fluctuations with slight declines in global markets. The LME, SHFE, and MCX prices all experienced minor losses. The supply side remains tight, with rising inventories and reduced trading volumes. While supply concerns continue, there are signs of further stimulus measures from China, which may support zinc prices in the short term.
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Zinc Prices Rise Across Exchanges Amid Tight Supply and Stimulus Hopes
Zinc prices showed upward movement across major markets, with LME, SHFE, and MCX all experiencing price increases. Supply remains tight, with global zinc deficits continuing into 2024. Zinc production in China shows mixed results, with slight improvements expected. Short-term price volatility is anticipated due to supply constraints and demand fluctuations.
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