Zinc declined by 0.47% to close at Rs 326.95, influenced by a stronger dollar and ongoing apprehensions regarding China’s demand prospects. As markets in China resumed operations following the holidays, traders looked forward to potential restocking activities; however, the prevailing sentiment was one of caution due to a backdrop of mixed economic indicators. Weak data Read More
Zinc concluded the trading session with a 0.98% increase, reaching Rs 328.95, bolstered by anticipated short-term supply disruptions and favorable demand outlooks. As the Lunar New Year draws near, a zinc mine located in Southwest China has halted operations in early February, with a projected resumption in March. This suspension is expected to lead to Read More
Zinc prices experienced an upward movement, concluding with a gain of 1.69% at Rs 325.65, as market participants concentrated on imminent supply disruptions and the potential for reduced availability in the lead-up to the Chinese New Year. Numerous mines in China have declared temporary production halts for the holiday season, with facilities in the southwest Read More
