06.05.2015 - Zinc and copper rally on the LME
Zinc hit its highest price in eight months on Tuesday and copper its loftiest since mid-December thanks to a combination of concern about supply shortfalls and optimism over the global economy. All the metals on the London Metal Exchange (LME) attracted buying, which also pushed nickel to a six-week high, as the market reopened following a British public holiday on Monday. 'Commodities are bouncing back up, led by oil and iron ore. Base metals seem to be following the herd,' said Richard Fu, director of Asian commodities trading for Societe Generale Newedge in London...............................................Full Article: Source
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