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Wednesday 10 January 2018

EPIC RESEARCH MCX ZINC UPDATE OF 10 JANUARY 2018


Zinc trading range for the day is 210.7-218.5.Zinc prices gained as concerns over dwindling stockpiles and a market deficit were driving the gains.Zinc has started the new year with a bang, hitting a fresh 10-year high of $3,380 per tonne in the first week of trading on the LME.Production at zinc smelters in Huayuan County, Hunan province remained suspended or restricted even though zinc prices have performed well.



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