EPIC RESEARCH MCX ZINC UPDATE OF 27 JANUARY 2017

Zinc trading range for the day is 186.2-193.6. Zinc prices retreated on profit booking after touching a 1-1/2 month peak on expectations of continued supply shortages. The ILZSG released its initial 2017 report, which found the global market for refined zinc metal was in deficit over the first 11 months of last year. Trading in Asia was thin with many in China already away ahead of the week-long Lunar New Year break, which begins on Friday.




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