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Jun 09, 2017 08:19 AM IST | Source: Moneycontrol.com

Zinc to trade in 166.6-170.4: Achiievers Equities

According to Achiievers Equities, Zinc prices settled flat in thin trading day as LME was closed as supply tightness eased recently after restarts at mines driven by high zinc prices.


Achiievers Equities' commodity report on Zinc


Zinc trading range for the day is 166.6-170.4.


Zinc prices settled flat in thin trading day as LME was closed as supply tightness eased recently after restarts at mines driven by high zinc prices


China's factory output rose 7.6 percent in March from a year earlier, while fixed-asset investment grew 9.2 percent in the first quarter, both beating expectations.


China's property cooling measures are likely to show effects after April, China's statistics bureau told reporters.


BUY ZINC APR 2017 @ 168.00 SL 167.00 TGT 169.50-170.50.MCX


For all commodities report, click here


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