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Zinc Falls Limit in China on Commodities Slump; Copper Down
Contact nowMarch 20 (Bloomberg) - Zinc futures fell by the exchange- imposed daily limit in Shanghai as commodities dropped on speculation the dollar's slump will end as the Federal Reserve eases the pace of interest-rate reductions.
Zinc for June delivery fell by 810 yuan, or 4 percent, from the previous settlement price, to 19,420 yuan ($2,749) a ton and traded at that level at 9:04 a.m. local time.
Copper for June delivery fell as much as 3.7 percent to 62,840 yuan and traded at 62,850 yuan at the same time.
Aluminum for June delivery fell as much as 2.4 percent to 18,810 yuan and traded 18,865 yuan at the same time
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