EPIC RESEARCH MCX ZINC UPDATE OF 14 SEPTEMBER 2017

Posted by aditi on 11:54:00 with No comments

Zinc trading range for the day is 191.9-196.9. Zinc dropped as prices come under pressure from expectations that high prices would mean mothballed capacity could be restarted. A small premium for the cash over the three-month contract on Sept. 4 has over the last week turned into a $5 a tonne discount.China’s new property construction starts fell 7 percent in July year-on-year, the first fall since last September.

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