EPIC RESEARCH MCX ZINC UPDATE OF 15 SEPTEMBER 2017

Zinc trading range for the day is 188.9-196.7. Zinc prices remained under pressure from commodity funds selling out of positions. The global zinc market deficit narrowed to 25,900 tonnes in July from a revised deficit of 30,000 tonnes in June, data from the ILZSG showed. In the first seven months of the year the zinc market deficit was 227,000 tonnes compared with a deficit of 214,000 tonnes in the same period last year.

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