India, Sept. 30 -- Technically Zinc market is under fresh selling as market has witnessed gain in open interest by 3. 24% to settled at 1910 while prices down 0.15 rupees.
Now MCX Zinc is getting support at 191.6 and below same could see a test of 190.7 levels and resistance is now likely to be seen at 193.3 a move above could see prices testing 194.1.
Zinc yesterday settled down by 0.08% at 192.3 as investors are more cautious because of their worries about the US election situation and the prospect of sustained economic recovery.
China imported 410700 mt of zinc concentrate in August up 142400 mt from July and 161000 mt from the same period last year. Imports from Australia stood at 94500 mt accounting for 23% of the total zinc concent...