Wednesday 18 June 2014

CAPITAL STROKE UPDATE 18-June-2014 : MCX ZINC



ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-131 R1-129 S1-125 S2-123
Zinc was a touch firmer after China's leaders reaffirmed a 7.5 percent economic growth target this year.
Firm prices and strong seasonal demand also boosted China's production of refined zinc and refined lead in May.
Refined zinc production was up 1.2 percent from the previous month to 461,021 tonnes in May.

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