ZINC: - CONSOLIDATE STRATEGY BUY ON DIP R2-149 R1-147 S1-143 S2-141
Zinc prices settled flat as pressure seen after the US dollar index jumped above 84 to a 13-month high.
China’s exports were reportedly up 9.4% YoY in August, while imports dropped 2.4%, missing forecasts.
The low import volume triggered expectation that the government will loosen monetary policies to bolster economy.
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