Sell Zinc Apr @ 254 SL 257 TGT 251-249. MCX - Kedia Advisory
ALUMINIUM
SELL ALUMINIUM APR @ 235 SL 237 TGT 233-231. MCX
OBSERVATIONS
Aluminium trading range for the day is 231.3-236.5.
Aluminium prices gained on tariff pause, tightening LME stocks
LME data showed that aluminium stocks fell by 0.71%, to 446,325 tons.
Global primary aluminium output in February fell 0.9% year on year to 5.645 million tonnes.
COPPER
SELL COPPER APR @ 830 SL 835 TGT 825-820. MCX
OBSERVATIONS
Copper trading range for the day is 817.1-837.5.
Copper rallied after US President Trump paused his reciprocal tariff package for 90 days.
Manufacturing outlook improves as US delays 10% tariff hikes
Japan’s H1 FY25/26 refined copper output seen down 1.3%
ZINC
SELL ZINC APR @ 254 SL 257 TGT 251-249. MCX
OBSERVATIONS
Zinc trading range for the day is 249.9-256.3.
Zinc prices rebounded sharply after most U.S. tariffs were paused for 90 days.
LME data showed zinc stocks fell by 1,350 tons, or 1.10%, to 121,800 tons.
Data provided further evidence of a shaky Chinese economy, as consumer prices fell for the second straight month
