首页|Zinc Dips To 10-Wk Low, Base Metals Disappointing
Zinc Dips To 10-Wk Low, Base Metals Disappointing
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NSTL
The base metals ended the week generally weaker with zinc in particular dropping through 800 dollars a metric ton support on the back of stop loss selling.With fresh fund selling following, three-month zinc touched a low bid of 789 dollars/ton, marking a 10-week low and disappointing players who had hoped the market could break through 820 dollars/ton in the afternoon session.Zinc had touched 807.50 dollars/ton but this was a far cry from last week, when the market approached 850 dollars/ton and had looked set to make strong gains above this number. Three-month metal ended the kerb session at 792 dollars/ton (bid). Support is now seen down to 780 dollars/ton and below this at 750 dollars/ton below this.
NSTL
