EPIC RESEARCH MCX ZINC UPDATE OF 21 DECEMBER 2016

Posted by aditi on 10:31:00 with No comments
Zinc trading range for the day is 171.5-182.7. Zinc prices gained on short covering after prices dropped on update the worldwide zinc market has recorded small surplus during January to October this year. As per WBMS data, the global zinc market recorded marginal surplus of 101 kt during the initial ten months of the year from January to October. The Chinese zinc metal imports, mostly special high grade zinc dropped marginally by 3 kt during Jan-October ’16 to 376 kt.

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