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SMM Morning Review - 2012/4/26 Zinc Market
Apr 26,2012 10:08CST
smm insight
Source:SMM
LME zinc prices edged up to close at USD 2,010.5/mt, up USD 11.3/mt.

SHANGHAI, Apr. 26 (SMM) – The US Federal Reserve said it will purchase assets to stimulate economic growth if job markets weaken or inflation falls to the level expected, a signal that the Fed will likely push a new round of government debt purchasing to increase currency supply. As a result, the US dollar index rose, while LME zinc prices edged up to close at USD 2,010.5/mt, up USD 11.3/mt.
 

LME zinc prices

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