Friday, 13 January 2017

EPIC RESEARCH MCX ZINC UPDATE OF 13 JANUARY 2017

Zinc trading range for the day is 181.1-189.5. Zinc settled with gain's in volatile session as traders are now making long positions as fundamentals look strong Zinc’s fundamentals are strong and, while suspended capacity remains idle, the deficit is likely to draw down stocks of concentrates and refined metal. Processing fees for China's zinc smelters reached record lows last month as the supply from mines continued to dwindle.

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