Tuesday, 30 May 2017

EPIC RESEARCH MCX ZINC UPDATE OF 30 MAY 2017

Zinc trading range for the day is 169-171.Zinc prices traded in range with holidays in the U.S., U.K. and China slowing trading activity around the world.Market players are looking ahead to this week's U.S. employment report on Friday for further signs of Fed's likely rate hike trajectory through the end of the year.The National Bureau of Statistics (NBS) data show China’s zinc production fell 5.6% year-on-year to 474,000 tonnes in April.

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