EPIC RESEARCH MCX ZINC UPDATE OF 28 NOVEMBER 2017

Zinc trading range for the day is 204.6-211. Zinc prices dropped as reforms in China threaten steel-intensive infrastructure projects. The zinc market was in deficit by 504 kt during January to September 2017 which compares with a deficit of 202 kt recorded in the 2016.Global refined production rose by 0.1 per cent and consumption was 2.7 per cent higher than the levels recorded one year earlier.

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