EPIC RESEARCH MCX ZINC UPDATE OF 3 JANUARY 2017

Zinc trading range for the day is 172.4-175.6. Zinc prices gained as investors are positive on China and U.S. demand. Mine closures, tight supplies and expectations of deficits have pushed zinc up in 2016. Technically market is under fresh buying as market has witnessed gain in open interest by 1.04% to settled at 5531.

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