Zinc Trading Range For The Day Is 207.4-211.2

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* Zinc trading range for the day is 207.4-211.2. 

 

* Zinc prices dropped after US President Trump said he has instructed his administration to consider $100 billion in additional tariffs against China. 

 

* Operating rates of Chinese zinc smelters are likely to dip further in April, following a 2.14- percentage-point month-on-month drop in March. 

 

* Trump predicted that China would take down its trade barriers, expressing optimism despite escalating trade tensions that have roiled global markets. 

 

* Warehouse stock for Zinc at LME was at 203225mt that is down by -2125mt.

 

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