Moneycontrol
Aug 10, 2017 12:05 PM IST | Source: Moneycontrol.com

Zinc to trade in 185.2-191.4: Achiievers Equities

According to Achiievers Equities, Zinc prices gained tracking rise in LME prices supported by higher Chinese steel prices.

Zinc to trade in 185.2-191.4: Achiievers Equities

Achiievers Equities' commodity report on Zinc


Zinc trading range for the day is 185.2-191.4.

Zinc prices gained tracking rise in LME prices supported by higher Chinese steel prices.

China’s refined zinc output was 455,000 tonnes in July, down 1.66% on the month but up 1.62% on a yearly basis.

Refined zinc production totaled 3.051 million tonnes in the first seven months of the year, a drop of 1.73% year-on-year.

BUY ZINC AUG 2017 @ 187.00 SL 185.50 TGT 188.80-190.50.MCX.

For all commodities report, click here


Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

X
Sections
Follow us on
Available On