EPIC RESEARCH MCX ZINC UPDATE OF 09 Nov 2016

Zinc trading range for the day is 160.6-168.6. Zinc dropped as pressure seen after Chinese data disappointed and ahead of the outcome of the US presidential election. LME Zinc stocks and cancelled warrants were both 475 tonnes lower at 448,575 tonnes and 61,525 tonnes respectively. China's central bank said that it will maintain ample liquidity and achieve reasonable growth in money supply and credit.
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