Zinc gained on short covering after prices remained under pressure as the market looked ahead to rising supplies, a narrowing deficit and global trade tensions.
Zinc social inventory in Shanghai, Guangdong and Tianjin dipped over the week ended Friday July 6 as downstream restocked on declining zinc prices.
China produced 429,800 mt of refined zinc in June, up 1.6% month on month but down 7.1% year on year.
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