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MARKET TALK: LME Zinc Underperformance To Continue - Barcap

Thursday, Mar 22, 2007
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Barclays Capital sounds bearish warning for LME zinc, says it's likely to keep underperforming other LME metals. Break down to 5-week low points to zinc targeting 2007 lows near $3,000/ton, or even $2,810 before recovery likely. LME 3-month zinc last trades at $3,120, up $5 vs Wednesday PM kerb.

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