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Thursday, 12 January 2017

EPIC RESEARCH MCX ZINC UPDATE OF 12 JANUARY 2017


Zinc trading range for the day is 179.7-188.9. Zinc prices ended with losses on profit booking after prices gained supported by supply concerns. Processing fees for China's zinc smelters hit record lows last month as supply from mines continued to dwindle. U.S. President-elect Donald Trump gave little guidance on new infrastructure spending, disappointing some who had hoped for a clearer view on policy.

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