Base metals gain on rising demand, page-6

23/06/17 03:21

Market focused on falling zinc stocks, cancelled warrants

ZINC: Zinc CMZN3 closed up 2.3 percent at $2,700 a tonne. Earlier it touched $2,710, its highest since April 7, on falling stocks in LME warehouses, which are down nearly 30 percent since January to 304,000 tonnes, and on cancelled warrants -- metal earmarked for delivery -- at above 65 percent.

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