Tuesday, 23 May 2017

EPIC RESEARCH MCX ZINC UPDATE OF 23 MAY 2017

Zinc trading range for the day is 168.4-171.6.Zinc gained on fresh buying as prices gaining support from falling stocks in LME-approved warehouses and dollar weakness.Shanghai zinc surged on the back of a sustained crackdown in China's polluting steel industry, which fuelled worries about supply. China's economy will likely expand around 6.8 percent in the second quarter of 2017, the State Information Center said.

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