Japan's refined zinc exports for September plunged 39 percent from a year earlier to 7,019 tonnes for the ninth straight month of declines, although the drop slowed from August's 51 percent, Ministry of Finance data showed. Zinc yesterday we have seen that market has moved 0.05%. Market has opened at 109.5 & made a low of 108.6 versus the day high of 110.85. The total volume for the day was at 24692 lots and the open interest was at 5656. Now support for the zinc is seen at 108 and below could see a test of 107.2. Resistance is now likely to be seen at 110.2, a move above could see prices testing 111.7.

Trading Ideas:

Zinc trading range is 107.2-111.7.

Japan Sept zinc exports plunge 39% from year ago

Zinc looks to take support at 108 and resistance at 110.20.

Zinc daily stocks at Shanghai exchange came up by 4276 tonnes.