U.S. zinc exports rose 96.4% in May from the previous month, and was up 154.6% from the previous year, the Commerce Department reported. Zinc yesterday we have seen that market has moved -0.88%. Market has opened at 86.05 & made a low of 84.8 versus the day high of 86.6. The total volume for the day was at 23392 lots and the open interest was at 6920.Now support for the zinc is seen at 84.5 and below could see a test of 83.7. Resistance is now likely to be seen at 86.3, a move above could see prices testing 87.3.

Trading Ideas:

Zinc trading range is 83.7-87.3.

U.S. zinc exports rose 96.4% in May from the previous month

Resistance for zinc is seen at 86.30 and support is at 84.50.

Zinc daily stock at Shanghai exchange came down by -876 tonnes.