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Aluminium trading range for the day is 199.8-204.9-Kedia Advisory
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Aluminium
Observations
Aluminium trading range for the day is 199.8-204.9
Aluminium settled flat as China's aluminium imports in Mayclimbed 1.8%.
China's primary aluminium output in May rose only slightly from ayear earlier
Global aluminium output up 0.3% y/y to 5.6 mln T in April – IAI
Copper
Observations
Copper trading range for the day is 720.7-740
Copper gains underpinned by tightening supplies ahead of along weekend in China.
World refined copper market in 42,000 tonne surplus in April –ICSG
China May refined copper output hits record high
Zinc
Observations
Zinc trading range for the day is 212-221
Zinc rose on short covering on market optimism China woulddeliver stimulus
Swedish miner Boliden that it will halt production within the nextmonth due to "unsustainable financial losses.
"S&P Global predicts a modest 1.4% growth in global refined zincdemand for 2023
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