Commodity reported that Kazakhstan’s zinc output fell during the period by 9.1% to 248,231 tonnes. Zinc and aluminum consumption climbed the most from 2001 to 2009 at about 6% annually.
Zinc recently we have seen that market has moved 0.21%. Market has opened at 93.15 & made a low of 90.8 versus the day high of 93.7. The total volume for the day was at 17199 lots and the open interest was at 3898. Now support for the zinc is seen at 91.4 and below could see a test of 89.65. Resistance is now likely to be seen at 94.3, a move above could see prices testing 95.45.
