In response to the announcement, zinc has outperformed this morning, with the SHFE May zinc contract up 1.89% or 440 yuan to 23,730 yuan per tonne as of 02:00 GMT.
However, buying interest for zinc remained fairly weak as many downstream buyers adopted a wait-and-see stance, according to a trader.
Copper supply issues show no sign of easing; Al under pressure from rising stocks
The SHFE May copper contract rose 120 yuan to 48,060 yuan.
The red metal...