According to Achiievers Equities, Zinc prices dropped due to stronger dollar, which rebounded after Federal Reserve Chair Janet Yellen comments.
Zinc trading range for the day is 188.3-200.7.
Zinc prices dropped due to stronger dollar, which rebounded after Federal Reserve Chair Janet Yellen comments.
Better-than-expected Chinese PPI and CPI data out in the morning, however limited the downside.
U.S. producer prices recorded their largest gain in more than four years in January amid increases in the cost of energy products.
BUY ZINC FEB 2017 @ 192.50 SL 190.50 TGT 194.20-196.00.MCX.
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