Zinc and lead prices continued on their upward trajectories on the morning of Friday February 12, which the nickel price fell by 1.3% on a day that is likely to see little trading due to the Chinese New Year.
The three-month zinc price rose to $2,795 per tonne at 9am from Thursday's closing price of $2,789.50. It rose 2.4% on Thursday from the previous day, and its weekly gain is of around 6%. It was second most traded base metals on the complex this morning, after copper, with 1,900 lots exchanged by 9am. On Thursday daily trades totaled 6,120 lots. The galvanizing metal reached $2,824.50 per tonne during earlier trading, the highest since the first week of January. Sister metal lead also...