EPIC RESEARCH MCX ZINC UPDATE OF 27 SEPTEMBER 2016

Zinc trading range for the day is 148.5-154.1. Zinc prices gained after a report showed the global market for refined zinc was in deficit from January to July. Global zinc mine production declined 6.1% during the same period, which mostly was due to substantial reductions in India, Australia, Ireland and Peru. Meanwhile, world refined zinc metal output fell 3.9% due to a significant drop off in Indian production and a decline in the U.S.
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