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Thursday 5 October 2017

EPIC RESEARCH MCX ZINC UPDATE OF 05 OCTOBER 2017


Zinc trading range for the day is 213-217.6. Zinc dropped on profit booking after prices gained amid worries over production outages in China. Glencore will likely bring zinc supply back to the market in small increments, starting in 2018. Shipping zinc to buyers in China has become more profitable as prices rallied, customers have accepted higher premiums.




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