02.06.2016 - Zinc hits 10-month high as supply tightens, copper hits one-week low
Zinc surged to its highest level in 10 months on Wednesday as speculators bet weaker supplies would create shortages, but copper touched a one-week low on worries about demand in top consumer China. Speculators pushed zinc prices through key technical levels, fuelling a rally by triggering pre-set buying orders, traders said, also noting industrial metals got a fillip late in the session from a report that OPEC will consider setting a new oil output ceiling at its meeting on Thursday...............................................Full Article: Source
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