EPIC RESEARCH MCX ZINC UPDATE OF 29 JULY 2016

Posted by Farhan Khan on 10:55:00 with No comments
Zinc trading range for the day is 144.7-149.5.      
Zinc recouped from Wednesday’s losses supported by a weaker dollar after Fed's statement last night.              
Goldman says the global Zinc shortage will expand to 360,000 tons in 2017 from 114,000 tons this year.                 Chinese-owned MMG Ltd. is seeking new zinc mines in Peru, after a dearth of global exploration in past decades led to an output crunch.


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