Moneycontrol
Apr 20, 2017 03:17 PM IST | Source: Moneycontrol.com

Zinc to trade in 160.8-168: Achiievers Equities

According to Achiievers Equities, Zinc dropped tracking LME prices closing up 1% at $2,550, rising above its 200-day moving average after prices dropped due to mounting China steel inventories

Zinc to trade in 160.8-168: Achiievers Equities

Achiievers Equities' commodity report on Zinc


Zinc trading range for the day is 160.8-168.

Zinc dropped tracking LME prices closing up 1% at $2,550, rising above its 200-day moving average after prices dropped due to mounting China steel inventories

Prices in China's sizzling property market, accelerated in March on a monthly basis, shaking off cooling measures introduced to dampen speculative demand.

China's March zinc output rose 0.8 percent year on year to 504,000 tonnes

BUY ZINC APR 2017 @ 164.50 SL 163.00 TGT 166.00-167.50.MCX

For all commodities report, click here


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