Friday 22 September 2017

EPIC RESEARCH MCX ZINC UPDATE OF 22 SEPTEMBER 2017

Zinc trading range for the day is 193.3-205.7. Zinc dropped as pressure seen after Chinese iron ore futures tumbled nearly 5 percent, reflecting oversupply concerns in China. China’s refined zinc supply remained in shortfalls in September despite higher output.The PBOC increased capital injection to ease liquidity tightness recently, according to one trader from financial institution.



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