EPIC RESEARCH MCX ZINC UPDATE OF 29 JULY 2016
Posted by Unknown 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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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.
For more Accurate MCX TIPS ✆ – 0731-6642300
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