EPIC RESEARCH MCX ZINC UPDATE OF 24 MAY 2016

Posted by Farhan Khan on 11:54:00 with No comments
Zinc trading range for the day is 122-126.4.        
Zinc dropped tracking weakness in LME prices but is expected to outperform other metals this year because of shortages created by mine closures.         
LME registered warehouses stocks stand down by nearly 40 percent since September and the lowest since July 2009.
Zinc daily stocks at Shanghai exchange came down by 1649 tonnes


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