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LME Zinc Extends Losses; Drops 7% To $3,450/Ton

Wednesday, Jan 10, 2007
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LONDON --London Metal Exchange zinc extended earlier losses to tumble roughly 7% Tuesday to a fresh three-month low of $3,450 a metric ton, driven by speculative selling, bearish technicals, rising stocks, and activity during a major index rebalancing, analysts and traders said.

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