Zinc prices dipped 0.92% on Thursday to Rs 258.15/kg on MCX amid lingering global slowdown concerns.
Despite a rebound post US-China tariff truce, trader sentiment remains cautious.
LME copper also declined 1% to $9,509/ton; SHFE zinc rose 0.31% to CNY 22,590/mt.
Tariff cuts from both US and China for 90 days boosted base metal outlook.
Technicals show bullish momentum; support seen at Rs 250–251/kg with target at Rs 262/kg.
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