
Zinc Price Prediction for Monday, 15 June 2026: MCX at Rs 367.4, Up 0.73% with Key Levels
Zinc price prediction for Monday, 15 June 2026: mildly bullish. MCX June futures Rs 367.4 per kg, up 0.73%. Support 364.7. Resistance 369.5.
Updated: 12 Jun 2026 • 4:37 pm
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The zinc price prediction for monday, 15 June 2026, is mildly bullish, with MCX zinc June futures trading at Rs 367.4 per kg in Friday trade, up 0.73 percent from the previous close of Rs 364.75. Zinc tracked the base metals complex higher in the risk-on session, recovering from early-week softness.
Kunal Singla, Associate Director at Univest, breaks down the zinc price prediction for monday with Friday closing data, key levels and the triggers that matter for the next session.
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MCX Zinc Friday Recap Behind the Zinc Price Prediction for Monday
MCX zinc June futures traded at Rs 367.4 per kg on Friday 12 June 2026, up 0.73 percent. The contract opened at Rs 364.1, touched a high of Rs 368.9 and a low of Rs 364.1, with open interest rising at 2,409 lots. Price up 0.73 percent with broadly steady open interest reflects short covering and modest fresh buying. This closing picture is the base of the zinc price prediction for monday.
MCX Zinc Futures Data for the Zinc Price Prediction for Monday
| Futures Metric | Reading (12 June 2026) |
|---|---|
| MCX Zinc June Futures | Rs 367.4 per kg |
| Change | up 0.73% vs Rs 364.75 |
| Day Range | Rs 364.1 to Rs 368.9 |
| Open Interest | 2,409 lots, rising through the session |
| Signal | Price up 0.73 percent with broadly steady open interest reflects short covering and modest fresh buying |
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Price moving up 0.73 percent with open interest rising is the derivatives signature behind Friday’s move. Zinc tracked the base metals complex higher in the risk-on session, recovering from early-week softness. These readings anchor Monday’s view going into the new week.
Support and Resistance in the Zinc Price Prediction for Monday
- Trend: Mildly bullish, with Rs 364.7 as the bull-bear line
- Support levels: Rs 364.7, then Rs 362 and the Friday low of Rs 364.1
- Resistance levels: Rs 369.5, then Rs 371.6 and beyond the Friday high of Rs 368.9
- Monday range: Rs 364.7 to Rs 369.5 under normal news flow
The pivot framework built on Friday’s high of Rs 368.9, low of Rs 364.1 and last traded price of Rs 367.4 places first support at Rs 364.7 and first resistance at Rs 369.5. Kunal Singla notes that the MCX evening session and Sunday’s international cues will refine these levels before Monday’s open. That is the structure of the zinc price prediction for monday on the charts.
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Key Triggers for Monday 15 June 2026
Four triggers will test the zinc price prediction for monday at the open.
- Commodity trigger: LME zinc moves and China construction demand signals will drive MCX zinc at Monday’s open
- US Fed and the dollar: The US Fed meets on 16-17 June, the first meeting under new Chair Kevin Warsh, with a rate hold widely expected, and the dollar’s reaction drives all MCX contracts priced off international benchmarks
- Weekend geopolitics: US-Iran headlines over the weekend can swing energy and safe-haven demand sharply before Monday’s open
- Rupee movement: Any move in USD-INR directly shifts MCX prices even when international prices stay flat
Trading Strategy for Monday
A defined plan converts the zinc price prediction for monday into managed-risk trades.
- Trade the levels: Use Rs 364.7 as the bull-bear line, with stops beyond Rs 362 for longs or Rs 369.5 for shorts
- Watch the evening session: MCX trades into late evening tracking international markets, so Friday night’s close sets Monday’s true reference
- Respect event risk: Size positions smaller ahead of the 16-17 June Fed meeting and weekend geopolitical headlines
Risks to the Zinc Price Prediction for Monday
- Commodity risk: Thin open interest makes zinc prone to sharp intraday swings on modest volumes
- Dollar strength: A hawkish surprise from the Fed would lift the dollar and pressure the entire metals and energy complex
- Gap risk: International prices move through the weekend while MCX is shut, so Monday can open with a sharp gap in either direction
Zinc Price Prediction for Monday: Quick Answers to What Traders Search
Monday zinc price outlook: Mildly bullish after a 0.73 percent gain on Friday. Expected range Rs 364.7 to Rs 369.5 for the next session.
Zinc Price Prediction for Monday with levels: Support Rs 364.7 and Rs 362, resistance Rs 369.5 and Rs 371.6, the backbone of the zinc price prediction for monday.
Key driver for Monday: The reaction to weekend US-Iran headlines and the India CPI print will set the opening tone for the zinc price prediction for monday.
Download the Univest iOS App or Univest Android App to get the zinc price prediction for monday with live levels and daily trade ideas from Univest analysts.
Conclusion
The zinc price prediction for monday, 15 June 2026, is mildly bullish. MCX zinc June futures traded at Rs 367.4 per kg with the pivot map placing the battleground between Rs 364.7 support and Rs 369.5 resistance. The India CPI reaction, the advance tax deadline and the 16-17 June US Fed meeting are the shared events that will test the zinc price prediction for monday through Monday’s session, and weekend headlines on the US-Iran front remain the biggest swing factor. Check back after Monday’s close for the next zinc price prediction for monday update from Univest analysts.
Disclaimer: Data and figures in this article are sourced from publicly available information and live market feeds as of the close of trade on 12 June 2026. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs on the Zinc Price Prediction for Monday
What is the zinc price prediction for Monday, 15 June 2026?
Ans. The zinc price prediction for monday, 15 June 2026, is mildly bullish. MCX zinc June futures traded at Rs 367.4 per kg on Friday, up 0.73 percent, with an expected range of Rs 364.7 to Rs 369.5 and support at Rs 364.7.
What are the key MCX zinc levels for Monday?
Ans. Support sits at Rs 364.7, then Rs 362 and the Friday low of Rs 364.1, while resistance is placed at Rs 369.5, then Rs 371.6. These pivot-based levels frame the zinc price prediction for monday.
Why did zinc prices move on Friday 12 June 2026?
Ans. Zinc tracked the base metals complex higher in the risk-on session, recovering from early-week softness. Open interest was rising at 2,409 lots. Price up 0.73 percent with broadly steady open interest reflects short covering and modest fresh buying.
How does the US Fed meeting affect the zinc price prediction for Monday?
Ans. The Fed meets on 16-17 June 2026 under new Chair Kevin Warsh, and the dollar’s reaction to the policy tone moves all commodities. A dovish hold supports the zinc price prediction for monday, while hawkish guidance would pressure prices through a stronger dollar.
Who provides the Univest analyst view on the zinc prediction for Monday?
Ans. Kunal Singla, Associate Director at Univest provides the view, with Univest analysts tracking MCX levels, international benchmarks, the dollar index and the rupee every trading day.
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