Zinc trading range for the day is 173.8-185.4.
Zinc dropped as pressure seen after higher dollar ahead of Wednesday's decision on U.S. interest rates by the Federal Reserve created pressure.
Prices dropped despite China issued a raft of upbeat data showing the economy got off to a strong start to 2017, supported by strong bank lending.
Trader are eyeing on China as China historically been a major importer of zinc concentrates to top up domestic supply to its smelters.
For more information Call us ✆ +91 7400-734000 or Visit Dollar Advisory
Zinc dropped as pressure seen after higher dollar ahead of Wednesday's decision on U.S. interest rates by the Federal Reserve created pressure.
Prices dropped despite China issued a raft of upbeat data showing the economy got off to a strong start to 2017, supported by strong bank lending.
Trader are eyeing on China as China historically been a major importer of zinc concentrates to top up domestic supply to its smelters.
For more information Call us ✆ +91 7400-734000 or Visit Dollar Advisory
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