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Tuesday, 21 March 2017

EPIC RESEARCH MCX ZINC UPDATE OF 21 MARCH 2017


Zinc trading range for the day is 184.3-189.3. Zinc dropped on profit booking after prices rallied last week on reports that Chinese zinc smelters are planning maintenance. Chinese zinc maintenance to affect 540,000 T/year capacities . In February, Korea Zinc Co. announced it will reduce its refined zinc output by 7.7% (or 50,000 mt) this year.


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