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Wednesday, 6 December 2017

EPIC RESEARCH MCX ZINC UPDATE OF 06 DECEMBER 2017

Zinc trading range for the day is 196.8-208.4. Zinc dropped tracking weakness in LME prices fell 2 percent to $3,112 per tonne due to rise in dollar on expectations of U.S tax reform. Customs in China's eastern port city of Qingdao seized 1,762 tons of smuggled zinc waste last week in the country's campaign against the import of "foreign garbage."Zhuzhou Smelter held the commencement ceremony of a zinc smelting project of 300,000 tons capacity at Hengyang City, which will last 2 years for the construction.









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