EPIC RESEARCH MCX ZINC UPDATE OF 15 JULY 2016

Posted by Farhan Khan on 11:35:00 with No comments

Zinc trading range for the day is 144.4-148.4.    
Zinc gained to close above 146 level as LME Zinc traded near a 13-month high as supply concerns mount on the outlook for mine closures.
Support seen following the closure of two of the world’s largest mines, MMG Ltd.’s Century and Vedanta Resources Plc’s Lisheen              
Prices may rise to $2,500 a metric ton over the next six months, as production trails demand, according to Goldman Sachs Group Inc.

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