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Thursday 21 September 2017

EPIC RESEARCH MCX ZINC UPDATE OF 21 SEPTEMBER 2017


Zinc trading range for the day is 198.4-205.2.Zinc prices rallied on bets that steel makers may be able to pay more for their raw materials, given industry consolidation that has curbed overcapacity.Booming shipments of cars and electronics in August drove up Japan’s exports at the fastest pace in nearly four years, further evidence that overseas demand is strong enough.Kazakhstan's January-August refined zinc production slipped 0.3 percent year on year, statistics Committee data showed.

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