Fri, Dec 6, 2019
A A A
Welcome vaishu
RSS

Commodities Briefing - Categorized | Market Moves, Metals and Minerals more

Zinc rises to highest since 2007

Posted on 30 November 2016

The rally in metals is showing no signs of slowing down. The Bloomberg Industrial Metals sub-index posted the biggest five-day gain since 2011, as zinc touched a nine-year high. Prices rallied after China’s top economic commission approved a $36 billion plan on new rail links around Beijing, boosting demand for industrial raw materials.
Zinc for delivery in three months rose 2.9 percent to settle at $2 900 a metric ton at 5.50pm on the London Metal Exchange, after touching $2 985, the highest since October 2007………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 48800 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
banner
December 2019
S M T W T F S
« Nov    
1234567
891011121314
15161718192021
22232425262728
293031