METALS-Shanghai zinc picks up from 1-year low as inventories drop
July 18, 2018 at 01:03 AM EDT
Shanghai zinc moved away from a one-year low and was on course for its first gain in seven trading days on Wednesday, as it tracked a jump on the London Metal Exchange (LME) in the previous session 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 stocks have