The global zinc market swung into a 10,900 tonne surplus in June from an upwardly revised deficit at 38,200 tonnes May, data from the International Lead and Zinc Study Group (ILZSG) showed. During the first half of the year, the global deficit rose to 134,000 tonnes from 103,000 tonnes in the same period last year.
Lead Zinc Tips
MCX Zinc Future Tips – Above 205 Target 212—216, Need Patience – Neal Bhai
MCX Zinc Future Tips – Above 205 Target 212—216, Need Patience – Neal Bhai
MCX Zinc Ready For Big Upside Target 198—202—212—216, Need Patience
MCX Zinc Ready For Big Upside Target 198—202—212—216, Need Patience
MCX Lead Above 140 Target 149—154, Buy on Dips – Base Metal
MCX Lead Above 140 Target 149—154, Buy on Dips – Base Metal Reports
MCX Aluminium Above 125 Target 138—142, Buy on Dips – MCX Tips – Rocking
Zinc MCX Resistance Key at 181 Level
Gold Silver Reports — Technically Zinc market is under fresh buying as market has witnessed gain in open interest by 69.75% to settled at 5393 while prices up 0.95 rupees.
Hindustan Zinc Reports Massive Increase In Revenue, Output And Net Profit
Gold Silver Reports — Zinc mining major Hindustan Zinc reported today that its revenues during the quarter were Rs 4,961 Crore, up 79% y-o-y on account of strong zinc & lead prices and higher volume.
Copper-Nickel-Aluminium-Zinc Under Short Covering
Gold Silver Reports — Copper MCX is getting support Key 380 and below same could see a test of 377 level, And resistance Key is now likely to be seen at 386, a move above could see prices testing 389.
Zinc MCX Under Fresh Selling Support Key 162
Gold Silver Reports — Technically Zinc market is under fresh selling as market has witnessed gain in open interest by 1.55% to settled at 4835 while prices down 0.1 rupees.
MCX Zinc is getting support at 162 and below same could see a test of 160 level, And resistance is now likely to be seen at 168, a move above could see prices testing 170.
Zinc MCX Trading Zone Between 158—165
Gold Silver Reports — Technically Zinc MCX market is getting support Key at 160 and below same could see a test of 158 level, And resistance is now likely to be seen at 165, a move above could see prices testing 168.