Zinc, Aluminum in Shanghai advance on China supply concerns

Zinc and aluminum advanced in Shanghai on concern about supply disruptions in China, the largest producer of both metals. Copper in Shanghai also gained.

Zinc for February-delivery on the Shanghai Futures Exchange rose as much as 2.1 per cent to 20,935 yuan a tonne, the highest price since January, before trading at 20,850 yuan by 9:04 am in Singapore. January-delivery aluminum gained as much as 1.3 per cent to 16,770 yuan a tonne, the highest level since April.