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Zinc imports by China may slump almost 60 percent this year as domestic production increases. Imports may decline to 278,000 tons from 670,000 tons in 2009, Monica Gao said at a conference in Shenzhen on Thursday. Zinc yesterday we have seen that market has moved 0.35%. Market has opened at 100.1 & made a low of 100.05 versus the day high of 100.35. The total volume for the day was at 405 lots and the open interest was at 3445.Now support for the zinc is seen at 100.1 and below could see a test of 99.9. Resistance is now likely to be seen at 100.4, a move above could see prices testing 100.5.

Trading Ideas:

Zinc trading range is 99.9-100.5.

Delhi Daredevils led by skipper Gautam Gambhir will play today against the Kolkata Knight Riders (KKR) in the cash rich and lucrative Indian Premier League (IPL-3) in New Delhi.

Rajasthan Royals has won their fourth consecutive match in the Indian Premier League (IPL-3) after defeating Chennai Super Kings by 17 runs at the Sardar Patel staium in Ahmedabad on Sunday.

Rajasthan skipper Shane Warne won the toss and opted to bat first on flat pitch of Motera. Rajasthan scored 177 runs for loss of eight wickets in their allotted 20 overs. N Ojha was the top scorer for Rajasthan who scored 80 runs in just 49 balls including five towering sixes.

J Morkel and S Jakati and T Thusara picked up two wickets each for Chennai.

Mumbai Indians led by skipper Sachin Tendulkar has continued its dream run in the Indian Premier League (IPL-3) as Mumbai has defeated Deccan Chargers by 41 runs at the D Y Patil Stadium in Mumbai on Sunday.

Deccan skipper Adam Gilchrist won the toss and invited Mumbai to bat first. Mumbai scored 172 runs for loss of seven wickets in 20 overs. Sachin played brilliant inning of 55 runs in just 43 balls while Harbhajan Singh fired unbeaten 49 runs in 18 balls.

R P Singh took three wickets for 31 runs in his four overs while J Singh and P Ojha picked up two wickets each.

A media report said on Monday that US President Barack Obama's visit to Kabul was shrouded in secrecy and even Afghan President Hamid Karzai was informed about his visit barely an hour before he arrived.

Daily Mail quoted the White House as saying that Karzai was notified about the visit just an hour before he arrived.

First visit to Afghanistan, after taking office, was made by Obama on Sunday.

Copper settled up as investor appetite for risk improved and the dollar surrendered recent gains