Tuesday, 8 November 2016

EPIC RESEARCH MCX ZINC UPDATE OF 08 Nov 2016

Zinc trading range for the day is 161.8-168.2. Zinc prices ended with gains due to expected supply deficits in the market. LME stocks and cancelled warrants were both 300 tonnes lower at 449,050 tonnes and 62,000 tonnes respectively. Glencore's production data showed, zinc production from its own sources rose to 282,700 tonnes in the third quarter.
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