MCX Base Metal Outlook - Evening Report

Base metals can remain on mixed note. Copper can trade in range of 415-420 in MCX while lead may remain in range of 108-111 and zinc in range of 103-106. London copper slipped on Thursday as gains in the past month kept Chinese buyers at bay and the euro zone debt crisis continued to weigh on sentiment, but upbeat global manufacturing data is expected to keep a floor under prices. Factory activity rose in China, the United States and Germany in January, and the three manufacturing superpowers drove gains in global output even as Europe struggles with fallout from its festering debt crisis.