Zinc futures on Friday shot up by 1.22 per cent on the Multi Commodity Exchange, tracking steep surge in the metal prices at Shanghai amid covering-up of short positions by traders. For full story, click here
Taking weak cues from global markets, zinc futures today slipped by 1.28 per cent in the early trade on the Multi Commodity Exchange. For full story, click here
Canada Zinc Metals Corp. declared that further to its news releases dated January 26, 2009 and March 23, 2009, it has received final approvals from the TSX Venture Exchange and the relevant Chinese authorities with respect to the closing of the non-brokered private placement subscribed to by Tongling Nonferrous Metals Group Holdings Co. Ltd. For [...]
Shares in Korea Zinc gained after zinc material prices surged more than 5 percent on Friday. Zinc for three-month delivery on the London Metal Exchange had increased nearly 10 percent in May and was last traded at $1,550 on Monday. For full story, click here
Zinc prices today slipped 1.43 per cent in futures trading on the Multi Commodity Exchange largely in line with weakening trend of base metals in overseas markets. For full story, click here
Reversing an early weakening trend, zinc futures recovered by 2.10 per cent on the Multi Commodity Exchange on fresh purchasing by traders influenced by surging trend in global market. For full story, click here
Interfax-China declared that Zinc futures prices on the Shanghai Futures Exchange may slip in the short term on dipping demand and rising supply. Mr Chen Xiaodong, an analyst from Guang Sheng Futures, stated: Zinc prices have rebounded too rapidly recently the global zinc market expected to be in surplus this year. With the traditional slack [...]
Friday, July 31, 2009