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Monday, 2 January 2017

EPIC RESEARCH MCX ZINC UPDATE OF 2 JANUARY 2017


Zinc trading range for the day is 168.8-178.4. Zinc prices gained amid as receding worries about demand and expectations of tighter supplies. Stocks in exchange warehouses and elsewhere totalling nearly 2 million tonnes or about seven weeks of usage are potentially negative for zinc China imported about 1.6 million tonnes of zinc-in-concentrate in 2015, with 6.2 million tonnes of zinc production.


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