EPIC RESEARCH MCX ZINC UPDATE OF 03 NOVEMBER 2017

Zinc trading range for the day is 206.8-215.4. Zinc prices dropped on profit booking after prices seen supported after LME zinc hit its highest since August 2007 on deficit expectations. Zinc inventories held in LME-registered warehouses fell by another 3,125 tonnes, data showed, to their lowest since early October at 250,900 tonnes. Traders, producers and end-users have gathered in London for a key industry conference this week.

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