LME 3-month zinc touches 2-week low, last at $3,215/ton, down $105 on London Friday PM kerb, as losses on LME copper, Asian stock markets weighing on sentiment, say traders. However, zinc may find support at lower levels as zinc's supply-demand fundamentals still strong, with fresh physical buying expected in coming weeks as Chinese consumers resume purchasing following Chinese Lunar New Year break, says trader at major Japan house. Notes zinc may slide as low as $2,800, but should range around $3,000 over next month.
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