Lead Ingot
Lead ingots are blocks of lead used in various industries due to their high density and corrosion resistance. These are primarily used in the manufacturing of b...
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Lead Ingot Market Reports
Zinc Market Update: LME, MCX and SHFE Prices Fall as Supply Tensions Ease
Zinc prices have been experiencing fluctuations across multiple markets. The LME zinc price dropped by 4.65% with SHFE prices falling by 0.62%. On the MCX, zinc closed at a decrease of 3.23%. Inventory levels have increased, particularly with a rise in LME stocks, easing some short-term supply concerns.
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Zinc Market Outlook: A Steady Increase Seen Amid Supply Concerns
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.
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Zinc Prices Edge Higher Amid Supply Concerns and China’s Export Reforms
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.
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