MARKET TALK: LME Zinc Subdued As Fund Sellers Weigh On Prices

LME zinc remains subdued after ending in negative territory Friday with fund sellers hovering in the background and seen weighing on prices through the session, a London broker says. "Several consecutive hikes in LME stocks have turned sentiment more bearish, and we're watching to see what today's inventory data brings," he adds. Stock rises have been mainly in Singapore and Jahor. LME zinc is last at $3,258 a metric ton, -2% from Friday.