EPIC RESEARCH MCX ZINC UPDATE OF 17 JANUARY 2017

Zinc trading range for the day is 182.5-191.9. Zinc dropped on profit booking tracking LME zinc dropping by 1.5 percent after seen supported on the back of strong economic data. U.S. retail sales rose in December amid strong demand, providing further evidence that the economy ended the fourth quarter with momentum. Zinc daily stocks at Shanghai exchange came down by 1268 tonnes.

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