EPIC RESEARCH MCX ZINC UPDATE OF 6 JUNE 2016

Posted by Farhan Khan on 11:36:00 with No comments
Zinc trading range for the day is 130.8-136.6.    
Zinc notched up a new 10-month high continuing its good fortune on expectations of a deepening global deficit.         
Zinc, is the best performer this year with gains of nearly 26 percent after major mines closed and Chinese smelters pledged to slash output.            
According to preliminary data by ILZSG, the global market for refined zinc metal was in surplus by 42,000 metric tons over the first three months of 2016.

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