Wednesday, 5 July 2017

EPIC RESEARCH MCX ZINC UPDATE OF 05 JULY 2017

Zinc trading range for the day is 178.5-183.7. Zinc ended with losses on profit booking tracking weakness in LME prices after prices gained amid dwindling stocks and shortages. Macquarie expects a 650,000-tonne zinc shortfall this year and sees prices breaching $3,000 a tonne by the fourth quarter. U.S. factory activity rose sharply in June to its highest level in almost three years suggesting economic growth in the second quarter gained some steam.

For MCX Tips NCDEX Tips ✆ – 0731-6642300 or whatsapp at 7049084664

No comments:

 
biz.