EPIC RESEARCH MCX ZINC UPDATE OF 3 JUNE 2016

Posted by Farhan Khan on 11:31:00 with No comments
Zinc trading range for the day is 131.3-135.7.    
Zinc on MCX settled flat while sentiments remain firm at 10-month high on outlook for worldwide shortage  
Zinc stockpiles in LME-tracked warehouses have shrunk 18 percent this year to the lowest since 2009, bourse data show.               
Goldman predicted a global deficit of 114,000 tons in 2016, widening to 360,000 tons in 2017.  


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