Downbeat data overhangs price sentiment And in China, indicators continue to weaken too; Chinese passenger vehicle sales totaled 22.35 million vehicles,...
LME zinc prices probed up towards the $2,500 per tonne level last week, before stalling as they encountered significant technical resistance and as global economic indicators continued to weaken.
Economic data showed a sharp drop in factory activity in Europe in November. Industrial production in Germany, France and Italy dropped 1.9%, 1.3% and 1.6% respectively on the month as vehicle production slowed following the implementation of the real-world emission tests in September.
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