Friday 29 April 2016

EPIC RESEARCH MCX ZINC UPDATE OF 29 APRIL 2016

11:36:00

Zinc trading range for the day is 123.2-128.8.
Zinc gained as prices remained supported after ILZSG forecasted zinc market to have a deficit in 2016.
U.S. economic growth braked sharply to its slowest pace in two years as consumer spending softened and a strong dollar continued to undercut exports.
Zinc daily stocks at Shanghai exchange came down by 929 tonnes.
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