EPIC RESEARCH MCX ZINC UPDATE OF 24 JANUARY 2017

Zinc trading range for the day is 187.8-191.6. Zinc prices gained tracking LME prices closed up 0.8 percent at $2,790 a tonne buoyed by dollar weakness. The ILZSG revealed a significant increase in Chinese output while the world’s zinc mine production fell overall by 1.2%. Zinc daily stocks at Shanghai exchange came up by 448 tonnes.




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