METALS-Zinc drops as rising Chinese inventories stoke demand fears
December 23, 2019 at 21:54 PM EST
Zinc prices fell in London and Shanghai in early Asian trade on Tuesday, as a rise in Chinese inventories stoked demand concerns and led investors to take up short positions on the metal used to galvanise steel. Social, or non-exchange, zinc stocks in China rose by more than 5,000 tonnes as of Dec. 23, Chinese brokerage Jinrui Futures said in a note, relieving some of the pressure on supply from low exchange inventories. FUNDAMENTALS * ZINC:
