EPIC RESEARCH MCX ZINC UPDATE OF 16 DECEMBER 2016

Zinc trading range for the day is 181.5-196.5. Zinc rebounded to settle at 189.95 boosted by new infrastructure spending in China, as well as an emerging supply gap and a run-down of stock. Glencore hasn’t yet revealed plans to ramp up output at its mines, which remain critical to the outlook. The Labor Department released a report showing a modest increase in U.S. consumer prices in the month of November.




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