EPIC RESEARCH MCX ZINC UPDATE OF 29 NOVEMBER 2016

Posted by aditi on 11:27:00 with No comments
Zinc trading range for the day is 183.5-208.7. Zinc dropped on profit booking after prices surged to its highest in nine years crossing over 200 mark. Zinc got a boost by news of a Chinese clampdown on illegal expansions by steel mills and further environmental probes. Imports of refined zinc into China in October jumped over 50 percent from the previous month as demand for galvanised steel improved.

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