Tuesday, 18 July 2017

EPIC RESEARCH MCX ZINC UPDATE OF 18 JULY 2017

Zinc trading range for the day is 179.4-184.2.Zinc gains supported by a weaker dollar and as an upbeat second quarter for China's economy brightened demand prospects for metals.A small premium for cash zinc over the three-month has seen metal put back on warrant in LME registered warehouses.Nyrstar said it resumed production at a zinc smelter in Tasmania, southern Australia, smelter has 280,000 tonnes annual zinc capacity.

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