Moneycontrol
Jan 11, 2017 03:25 PM 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

Achiievers Equities' report on Zinc

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. 

For all commodities report, click here

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