Posted by aditi on 10:32:00 with No comments
Zinc trading range for the day is 164-176.4. Zinc settled down by -1.81% as prices continued its weak trend on profit-taking and book-squaring towards year-end weighing on prices. Glencore set its target for zinc concentrate production at 1.19 million tonnes in 2017, according to sources. Zinc mine supply in China will grow by 4.9% in 2017 from 2016 while supply outside China will rise 6.6% year-on-year .
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