Japan's refined zinc exports for July fell 20 percent from a year earlier to 7,580 tonnes, marking the seventh straight month of declines, Ministry of Finance data showed. Zinc yesterday we have seen that market has moved 0.45%. Market has opened at 100 & made a low of 100 versus the day high of 102.2. The total volume for the day was at 33087 lots and the open interest was at 4426.Now support for the zinc is seen at 99.8 and below could see a test of 98.8. Resistance is now likely to be seen at 102, a move above could see prices testing 103.2.

Trading Ideas:

Zinc trading range is 98.8-103.2.

Japan July zinc exports fall 20 pct from year ago

Resistance for zinc is seen at 102 and support is at 99.80.

Zinc daily stock at Shanghai exchange came down by -271 tonnes.