EPIC RESEARCH MCX ZINC UPDATE OF 30 MAY 2016

Posted by Unknown on 12:34:00 with No comments
Zinc trading range for the day is 125.7-128.9.    
Zinc prices gained as supply cuts begin to take effect and inventories of the metal fall to the lowest since 2009.            
Zinc demand will benefit to the extent that China continues to rely on infrastructure growth for overall economic support.             
As per WBMS data, the global zinc market recorded small surplus of 90 kt during the initial three months of the year from January to March.

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