Turnover across the exchange was fairly light over the day’s trading, with nickel volumes leading the complex at just over 10,500 lots exchanged by the close. Copper was second at 10,200 lots, while zinc volumes came in third at 8,900 lots exchanged by the close.
The base metals complex was broadly lower over the afternoon, though zinc futures were the biggest poor performer on the day, dipping below the $2,300-per-tonne support level to close at $2,234 per tonne.
Despite the selling momentum however, LME zinc stocks remain on the decline, with some 375 tonnes removed from LME-listed warehouses this morning and another 1,900...
