Zinc Falls Marginally, Tight Supplies Support

Published 12/31/2013, 04:49 AM
Zinc
Zinc marginally declined by 0.1% at the LME platform..

Zinc stocks which have been broadly declining since last two months has supported upside in the commodity on the back of tightening supply of the metal.

During the day we have a selling view on the commodity as we mentioned earlier in our previous week`s report that the prices might adjust against its international benchmark. However we have a positive view on the commodity for the week on the back of healthy demand and tightening supplies in the commodity.


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