EPIC RESEARCH MCX ZINC UPDATE OF 27 DECEMBER 2016

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 .


For MCX TIPS ✆ – 0731-6642300
Connect with our social media sites

Facebook

Twitter

YouTube

Pinterest

Linkedin

Google+