Zinc, copper, lead pull boost in base metal benchmark prices on fears of undersupply

14.03.2019

Zinc prices held close to an eight-month high on Wednesday as sinking stocks of the metal on the London Metal Exchange (LME) market fuelled supply concerns even as inventories grew elsewhere.

Inventories of zinc in warehouses certified by the LME touched 58,950 tonnes, their lowest since October 2007.

This boosted the premium...