S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico MarketZinc futures were at $3,000 per tonne in November, pulling back from the eleven-month high of $3,100 from the start of the month and tracking the broad pullback for base metals. Industrial metals with exposure to datacenter and infrastructure investments pulled back as concerns of exaggerated AI-investment pledges trimmed the outlook for the sector. Meanwhile, Zinc futures also decreased as higher delivery commitments from China eased the supply shortages from zinc refiners through the year. Refined zinc production fell over 2% this year despite the 6.3% jump in mined output, consistent with output curbs among smelters in Kazakhstan and Japan, with the latter being pressured by the closure of the key Toho Zinc Annaka plant. Likewise, treatment charges for zinc rose toward $100 per ton after being negative $115 in the end of last year, according to private surveys. Stocks at the LME sank to 45 thousand tonnes, compared to 230.5 thousand tonnes at the start of the year.
