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MARKET TALK: Technical Selling Pressures LME Zinc

Tuesday, Feb 06, 2007
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London Metal Exchange zinc is under pressure from technical sellers, as traders continue to add to short positions, a broker says. But short covering is expected to resume, he notes, with the movement of copper and the other base metals expected to determine zinc's next move. LME zinc trades last at $3,100 a metric ton, more or less unchanged overnight.

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