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Monday 5 December 2016

EPIC RESEARCH MCX ZINC UPDATE OF 5 DECEMBER 2016


Zinc trading range for the day is 176.7-186.9. Zinc settled down as investors prepared for possible shocks in Europe ahead of an Italian referendum and Austrian election. Orders to withdraw the metal from warehouses tracked by the London Metal Exchange rose to the highest since February. Inventories in Shanghai fell further, while those in Guangdong were largely stable and Zinc stocks in Tianjin increased slightly.




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