Zinc prices zoom by 15%
MUMBAI: Zinc prices have moved up by over 15% in the week on London Metal Exchange making it the top gainer of all commodities during the week ended December 1.
On LME the 90-day contract closed at $2,590 per tonne from about $2,252 last week. On MCX, zinc December contract closed at Rs 102.95 from Rs 92.35 last Friday. The domestic spot prices also rose due to increased demand by stockists.
http://economictimes.indiatimes.com/Markets/Zinc_prices_zoom_by_15/articleshow/2588655.cms
This should bounce nicely next week based on zinc prices alone.
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