Friday, 9 June 2017

EPIC RESEARCH MCX ZINC UPDATE OF 09 JUNE 2017

Zinc trading range for the day is 156-161.4. Zinc prices gained after China reported stronger-than-anticipated exports and imports for May, suggesting the economy is holding up better than expected.Some Chinese zinc smelters will undertake maintenance cycle in June, and will hurt zinc production. About 15,000 tonnes of zinc output will be affected after maintenance at these smelters.

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