METALS-Zinc prices rally from 1-year lows as inventories drop
July 18, 2018 at 03:30 AM EDT
Zinc prices on Wednesday pulled away from one-year lows hit earlier in the week and the metal recorded its first daily jump in seven trading days in Shanghai, tracking a rise on the London Metal Exchange (LME) amid plunging inventories. Shanghai Futures Exchange (ShFE) zinc stocks dropped by 16,919 tonnes to 58,016 tonnes last week, their lowest since February 2008, while LME zinc stoc