Zinc tumbled amid weak spot activity

Note: This section contains information in English only.
Source: Dukascopy Bank
Industry metals were mixed on Wednesday after the ECB reported that it will cease financing of some Greek banks.

Aluminum was the top-performer as the metal received support from recent output cut of Tajikistan's Aluminum.

Copper went down on lingering Euro Zone's concerns. However, China's copper production fell by 3.7% last month whereas cancelled warrants stayed weak, limiting the losses.

Nickel continued to advance due to expected supply shortage after Vale declared force majeure at its Goro mine.

Zinc was the top-loser amid weak fundamentals and declining spot activity.


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