MCX Zinc Trading Tips: A ceasefire in the Israel-Iran conflict announced by US President Donald Trump lent a fresh impetus to base metal prices, which traded positively on Wednesday. MCX Zinc futures on the MCX were up by 0.20% and trading at Rs 255.85 per kg.
Zinc Prices
Zinc Price Falls From 5-Week High
Base Metals Market Update: Aluminium, nickel, zinc drift lower in futures trade amid weak demand
Aluminium prices fell 10 paise at Rs 133.90 per kg on Wednesday as participants trimmed their positions amid a weak trend in spot market.
MCX Zinc Magical Level ₹ 198, Below What You Think ₹ 174??? or Reversal
MCX Zinc Magical Level ₹ 198, Below What You Think ₹ 174??? or Reversal
Technical Power of CFA’s
(CHARTRED FINANCE ANALYST TEAM)
“No Magic, No Miracle, Just Power of Level”
Neal Bhai Reports (NBR) By CFA’s and MFA’s Technical Team
Mobile No. 9582247600 & 9899900589
Zinc Prices Lead on the Downside, Pressured by Large LME Deliveries
Gold Silver Reports (GSR) – Zinc Prices Lead on the Downside, Pressured by Large LME Deliveries – A 30,075-tonne delivery of zinc into LME-approved warehouses in Antwerp yesterday rattled price sentiment for the metal. The LME’s three-month zinc price closed down by 2.5% or $77 per tonne at $3,135 per tonne on Wednesday, with this weakness filtering through to prices on the SHFE.
Zinc Prices Under Pressure; HKEX appoints Cha as Chairman; Vale’s Base Metals earnings grow 45.7% in Q1
Gold Silver Reports (GSR) – Hong Kong Exchanges and Clearing has appointed local businesswoman and politician Laura Cha as its new chairman of the board, the exchange announced on Thursday. Vale’s base metals business posted a 45.7% increase in its core earnings in the first quarter of 2018 from a year earlier, helped primarily by the higher realized nickel prices during the period, the Brazilian diversified miner said on Wednesday.