February 23, 2017 / 14:54 IST
Achiievers Equities' report on Zinc
Zinc trading range for the day is 187.7-195.3.
Zinc dropped as funds cut bets on higher prices ahead of minutes from the Federal Reserve's last meeting and a stronger dollar.
Europe’s largest zinc producer Nyrstar is considering restarting its idled and for sale Myra Falls zinc-copper mine in light of improved market conditions.
Zinc daily stocks at Shanghai exchange came down by 2961 tonnes.
SELL ZINC FEB 2017 @ 192.50 SL 193.80 TGT 191.20-190.00.MCX.
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