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