ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-142 R1-140 S1-136 S2-134
Zinc skyrocketed to 35-month high as inventories on the LME-monitored warehouses continued to dwindle.
LME inventories of the metal slumped almost 35% year-to-date at a time when car sales in the U.S. and China are on the rise.
Zinc daily stocks at Shanghai exchange came down by 198 tonnes.
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