MARKET TALK: LME Zinc Hit By Rising Stocks, Easing Deficit

LME zinc remains under pressure from worries over rising stocks plus easing supply/demand deficits, says a London-based trader. This is despite higher physical premiums in Europe and Johor, he notes. Expectations are for further speculative selling to come, he adds. LME zinc is last at $3,229 a metric ton, -1% from Monday.