EPIC RESEARCH MCX ZINC UPDATE OF 25 JULY 2016

Posted by Farhan Khan on 12:00:00 with No comments
Zinc trading range for the day is 149.2-153.        
Zinc prices gained as a drop in global zinc mine supply has squeezed production, helping zinc prices to jump more than 7 percent so far this month. 
The global zinc market deficit was 68,700 tonnes in the first five months of the year, according to the International Lead and Zinc Study Group.  
As per WBMS data, the worldwide zinc market has recorded deficit during January to May this year. This is after recording a surplus during the entire year 2015.

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