By Glenys Sim
April 16 (Bloomberg) -- Zinc futures in Shanghai jumped by the exchange-imposed daily limit on speculation demand may be improving in China, the world’s largest producer and consumer of the metal used to galvanize steel.
Zinc for July delivery on the Shanghai Futures Exchange surged 650 yuan, or 5 percent from the previous settlement, to 13,730 yuan ($2,010) a metric ton, before trading at 13,655 yuan at 9:13 a.m. local time.
To contact the reporter on this story: Glenys Sim in Singapore at Gsim4@bloomberg.net
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