Zinc dropped amid global risk-aversion

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Industry metals declined in choppy trade on Tuesday as disappointing data from Germany impacted the commodity pack. Germany reported sharp fall in industrial orders in April on Tuesday.

Aluminum futures declined following weak industry data releases and soft automobile sales in the US.

Copper fell after dismal Eurozone manufacturing data. The Eurozone's Composite PMI tumbled to 46 in May from 46.7 in the preceding month.

Nickel extended previous losses as spot market activity remained weak in view of soft  steel demand.

Zinc edged down amid global risk-aversion as recent data releases indicated weakness of the global economy.


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Wed, 06 Jun 2012 13:41:22 GMT

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