EPIC RESEARCH MCX ZINC UPDATE OF 23 NOVEMBER 2017

Zinc trading range for the day is 209.7-212.7. Zinc rallied on persistent concern about shortages and after Chinese steel futures rallied. Zinc continues to be supported by its own fundamentals, as supply from top producer and consumer China has been impacted by environmental inspections. In zinc, reduced Chinese mine production will keep balances tight, supporting prices over the next six months.

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