Zinc trading range for the day is 223-230 - Kedia Advisory
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Aluminium
Observations
Aluminium trading range for the day is 205.3-209.9
Aluminium gains as China April aluminium output down 1.2% onprior month on power curbs
Yunnan relies heavily on hydropower for power generation buthas asked aluminium producers to cut production
Japan aluminium stocks down 3.3% m/m in April
Copper
Observations
Copper trading range for the day is 704.6-734.7
Copper edged higher with bargain-buying supporting the prices
Centinela copper mine's union head says sides far apart in talksto avoid strike
China's April industrial output and retail sales growth undershotforecasts
Zinc
Observations
Zinc trading range for the day is 223-230
Zinc gains as the global refined zinc market will be in supplyshortfall
China’s demand is expected to recover by 2.1% this year,matching that in the rest of the world, ILZSG said.
Refined zinc production also fell last year to the tune of 3.8% butit will bounce back by a robust 3.1% this year
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