EPIC RESEARCH MCX ZINC UPDATE OF 27 OCTOBER 2017

Zinc trading range for the day is 209.9-215.5. Zinc settled flat as support seen amid worries that winter production cuts are tightening supplies of metals. The premium of cash zinc over the three-month contract rose to $68.50, climbing back towards the 10-year high of $91 a tonne it hit two weeks ago.This week LME Zinc inventories reduces from 2,825 tonnes to 266,145 tonnes, and current premiums of LME spot zinc keeps high level ($55-60 per tonne).



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