ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-144 R1-142 S1-138 S2-136
Zinc prices rose after rumors that China will execute RMB 500 billion in standing lending facility
US August PPI remained flat at July’s, helping ease market concerns over an earlier interest rate hike by the Fed.
Zinc daily stocks at Shanghai exchange came down by 634 tonnes.
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