Zinc trading range for the day is 172.2-185.
Zinc prices rose as falling stockpiles and rising premiums for nearby metal highlighted a short-term supply squeeze, halting a slide to 10-week lows.
Despite expectations of a rise in supplies, current supply bottlenecks and stable demand across Chinese markets are likely to limit downside room.
For more information ✆ +91-8871068600 or visit Dynamic Money Research
Zinc prices rose as falling stockpiles and rising premiums for nearby metal highlighted a short-term supply squeeze, halting a slide to 10-week lows.
Despite expectations of a rise in supplies, current supply bottlenecks and stable demand across Chinese markets are likely to limit downside room.
For more information ✆ +91-8871068600 or visit Dynamic Money Research
BUY ZINC ABOVE 178.50 1st TGT 179.30 2nd TGT 180.10 SL 177.
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