Monday, 7 August 2017

EPIC RESEARCH MCX ZINC UPDATE OF 07 AUGUST 2017

Zinc trading range for the day is 177-181.4.Zinc prices gained getting a boost from another surge in Chinese steel prices and from investors who are still bullish about shortages of metal developing. Zinc prices receive support since one zinc smelter in China will undertake maintenance cycle due to high temperatures in August.Zinc inventories in warehouses registered by the LME down 38 percent this year, data shows.



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