Jan 11, 2017 03:25 PM IST IST | Source: Moneycontrol.com
Zinc to trade in 180.1-190.3 range: Achiievers Equities
According to Achiievers Equities, Zinc prices gained as support seen after news of further supply cuts in China
Zinc trading range for the day is 180.1-190.3.
Zinc prices gained as support seen after news of further supply cuts in China.
Chinese zinc producer Yunnan Chihong said it planned to shut down several plants and take impairments on others hit by high operating costs.
Processing fees for China's zinc smelters reached record lows last month.
BUY ZINC JAN @ 183.80 SL 182 TGT 185.80-188.MCX.
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