EPIC RESEARCH MCX ZINC UPDATE OF 09 AUGUST 2017

Zinc trading range for the day is 180.5-190.5. Zinc prices ended with gains tracking firmness in LME prices benefiting from the Chinese steel price surge. China’s refined zinc output was 455,000 tonnes in July, down 1.66% on the month but up 1.62% on a yearly basis. Refined zinc production totaled 3.051 million tonnes in the first seven months of the year, a drop of 1.73% year-on-year.



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