Friday, 29 June 2018

EPIC RESEARCH MCX ZINC UPDATE OF 29 June 2018

Zinc trading range for the day is 196.9-207.5.

Zinc prices gained as support seen after China zinc smelters plan to cut output by 10 pct.

Australia's New Century Resources is on track to turn a giant tailings dam into the world's fifth-biggest source of zinc as it defies doubters to make its first shipment in August.

The premium of cash zinc over three months zinc above $49 a tonne held near Friday's $59.50, the highest since October last year.

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