Thursday, 25 May 2017

EPIC RESEARCH MCX ZINC UPDATE OF 25 MAY 2017

Zinc trading range for the day is 168.6-173.4.Zinc dropped tracking LME prices dropped by 0.9 percent lower at $2,635 on concerns that slowing economic growth in China.This week zinc prices surged on the back of a sustained crackdown in China's polluting steel industry, which fuelled worries about supply.The global zinc markets fell into a deficit in March after surpluses in February, data from the International Lead and Zinc Study Group (ILZSG) showed.

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