Zinc price growth exceeded 3%, when the price rose to the highest level in more than two weeks on Friday in Shanghai, Reuters reports. LME stockpiles fell to the lowest level in a decade (125400 tons) amid signs of easing trade conflict between the US and China.

Tension in trade relations put pressure on basic metals sector in last six months, however, now there is a light at the end of tunnel, market experts assume.

Price of zinc gained 3,3% to 21645 yuan ($3119 per ton). Price growth in China followed after price gains on LME by 3%.

Other metals, including copper and aluminum, grew insignificantly. Copper price gained 0,2% to $6194,50 per ton in London and 0,7% to 49540 yuan in Shanghai.