U.S. zinc imports rose 23.1% in November from a month ago, but was down 6.5% from the previous year, the Commerce Department reported. Zinc yesterday we have seen that market has moved 1.02%. Market has opened at 112.85 & made a low of 109.75 versus the day high of 114.4. The total volume for the day was at 38193 lots and the open interest was at 4318.Now support for the zinc is seen at 110.80 and below could see a test of 107.90. Resistance is now likely to be seen at 115.40, a move above could see prices testing 117.20.

Trading Ideas:

Zinc trading range is 110-117.

U.S. zinc imports rose 23.1% in November from a month ago

Penasquito Zinc Concentrate Output at 180000 T in 2010

Zinc daily stock at Shanghai exchange came up by 2575 tonnes

SELL ZINC JAN @ 114.50 SL 115.40 TGT 113.90-113.20-112.50.MCX