Monday, 15 May 2017

EPIC RESEARCH MCX ZINC UPDATE OF 15 MAY 2017

Zinc trading range for the day is 160.6-169.2.Zinc dropped as mine output rises despite of hopes of refined zinc market deficit and higher premiums.Spot premiums on zinc in Guangdong rose above those in Tianjin and Shanghai due to tightening supply. 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.



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