EPIC RESEARCH MCX ZINC UPDATE OF 29 JUNE 2017

Zinc trading range for the day is 174.1-179.7. Zinc prices dropped on profit booking after prices gained amid signs of tighter supply. Cash zinc traded at a premium of $0.25 a tonne to the three month price, a high since early May and indicating tight nearby supply. China's tenders for state grid projects picked up in May to more than eight from around two a month in April and March.



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