EPIC RESEARCH MCX ZINC UPDATE OF 21 JULY 2016

Posted by Farhan Khan on 12:52:00 with No comments

Zinc trading range for the day is 147.7-152.3.    
Zinc prices hit another 14-month high and settled above 150 mark on falling mine output.        
Zinc has been investors' favourite this year, surging 39 percent so far as closures and suspensions of major mines has tightened concentrates supply.              
Zinc production fell 0.9 percent to 3.03 million tons in the first half and stood at 541,000 tons last month, the highest since June 2015.

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