Wednesday, 10 May 2017

EPIC RESEARCH MCX ZINC UPDATE OF 10 MAY 2017

Zinc trading range for the day is 164.4-173. Zinc prices gained as plans to boost infrastructure spending in China and the United States are bolstering market sentiment. China’s refined zinc production fell to 413,000 tonnes in April 2017, a drop of 3.95% month-on-month and 5.92% year-on-year. Total refined zinc output in the first four months of the year was 1.711 million tonnes, a fall of 1.84% on a yearly basis.

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