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...
Aluminium T/Sow Ingot Bytes
Market Reports
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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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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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Zinc Prices Fluctuate Amid Supply Tightness and Economic Data
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.
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Zinc Prices Show Positive Movement Amid Supply Concerns and Production Cut Rumors
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.
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Zinc Prices Edge Up with Support from Increased Consumption and Spot Premiums
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.
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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.
Read Story
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.
Read Story
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.
Read Story
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