Thursday, 16 February 2012

MCX Zinc News




MCX Zinc may not some decline tracking copper prices. Also higher stocks at LME warehouses coupled with lack of demand in physical markets may weigh on the prices.

 Stocks at LME fell by 1,125 tons yesterday while those at SHFE rose by 1,463 tons. 
Support for MCX Zinc February contract is seen at Rs.97 while resistance is seen at Rs.101. 

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