EPIC RESEARCH MCX ZINC UPDATE OF 16 JANUARY 2018

Zinc trading range for the day is 217-221.6.Zinc prices gained as support continues as a dearth of mining investment in the recent years has resulted in a shortage of the refined metal. China's zinc and zinc alloy production dropped by 1.5 percent in 2017 to 4.73 million tonnes.The slight drop in year-on-year China’s import growth rates raised some doubts as to continued strong growth this year.



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