Equity Tips:- Zinc Trading Range For The Day Is 196.3-207.9

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Zinc trading range for the day is 196.3-207.9.

 

Zinc dropped tracking weakness in LME prices dropped 1.39% after sinking to $2,994, the lowest since Sept. 15 last year after treatment charges were agreed.

 

China’s zinc inventories in warehouses across Shanghai, Tianjin and Guangdong shrank 800 mt to 154,500 mt.

 

China has ordered three northern cities to stop approving new projects that would add to air pollution after they failed to meet air quality targets this past winter.

 

Warehouse stock for Zinc at LME was at 236775mt that is down by -225mt.

 

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