Thursday, 6 July 2017

EPIC RESEARCH MCX ZINC UPDATE OF 06 JULY 2017

Zinc trading range for the day is 176.3-183.9.Zinc prices dropped amid worries over tepid demand growth from top consumer China in the second half dragged on prices. China's services sector grew at a slower pace in June as new orders slumped, signalling renewed pressure on businesses. China's central bank said the shadow banking sector lacks sufficient regulation and the bank would give more prominence to financial risk controls.

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