MTECHTIPS MCX ZINC INTRADAY trading tips 02-06-2017

MTECHTIPS MCX ZINC INTRADAY trading tips 02-06-2017
MTECHTIPS Mcx Zinc trading range for the day is 163.3-168.3.Zinc prices dropped as inflows of imported zinc added to supplies despite fewer shipments from zinc smelters.Spot trading in Shanghai market was slack due to month-end liquidity crunch and soft demand.Zinc inventories in Shanghai increased 8,000-9,000 tonnes compared to levels before the Chinese Dragon Boat Festival during May 28-30.
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