Zinc trading range for the day is 124.7-127.7.
Zinc prices gained marginally as the US dollar eased a bit and on the hopes of Chinese stimulus this week.
News that Chinese banks cut new lending sharply in April after a record first-quarter credit spree reinforced the idea that the country's leaders are more cautious.
Zinc daily stocks at Shanghai exchange came down by 150 tonnes.
For more information ✆ – 0731-6642300 or Visit http://www.epicresearch.co
Zinc prices gained marginally as the US dollar eased a bit and on the hopes of Chinese stimulus this week.
News that Chinese banks cut new lending sharply in April after a record first-quarter credit spree reinforced the idea that the country's leaders are more cautious.
Zinc daily stocks at Shanghai exchange came down by 150 tonnes.
For more information ✆ – 0731-6642300 or Visit http://www.epicresearch.co
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