Thursday, 14 December 2017

EPIC RESEARCH MCX ZINC UPDATE OF 14 DECEMBER 2017

Zinc trading range for the day is 201.2-205.6.Zinc dropped on profit booking after prices gained buoyed by a crackdown on polluters in China's Henan and Hunan provinces. Glencore said next year's zinc production would be roughly steady at just over one million tonnes, although it will start to ramp up some capacity. South Korea is seeking to buy a total of 2,000 tonnes of zinc for February arrival via tenders, state-run Public Procurement Service said.

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