EPIC RESEARCH MCX ZINC UPDATE OF 22 AUGUST 2017

Posted by aditi on 11:41:00 with No comments
Zinc trading range for the day is 196.8-205.2. Zinc pared gains on profit booking after prices rose as expectations of a large market deficit this year fuelled speculative buying. LME Zinc stocks were at 247,850 tonnes, are down more than 40 percent since the start of the year and cancelled warrants at nearly 50 percent. Confidence at Japanese manufacturers rose to its highest level in a decade in August led by materials producers, a further sign of broadening recovery in the economy.



For MCX TIPS ✆ – 0731-6642300




Connect with our social media sites
FacebookTwitterYouTubePinterestLinkedinGoogle+