ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-138 R1-137 S1-134 S2-132
Zinc settled up as support seen as tightening LME inventories remained the key support for the base metal.
Support seen after the update that Zinc production fell 6.6% to 112,528 mt due to a drop in output at Antamina.
Week ahead is also light on data but the US quarterly corporate earnings season kicks off, while the FOMC minutes will be released on Wednesday.
Warehouse stock for Zinc at LME was at 663650mt that is down by -1000mt.
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