EPIC RESEARCH MCX ZINC UPDATE OF 24 JULY 2017

Posted by aditi on 11:57:00 with No comments
Zinc trading range for the day is 174.2-180.6. Zinc gains tracking LME prices as support seen after China’s environmental protection checks affected zinc supplies by preventing zinc mines from restarts. Global zinc market deficit was 181,000 tonnes in the first five months of the year, narrowing from 236,000 tonnes in 2016, according to WBMS data. Public Procurement Service (PPS) announced bid solicitation again on its website July 21 for 2,000 tonnes of zinc.









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