EPIC RESEARCH MCX ZINC UPDATE OF 09 OCTOBER 2017

Zinc trading range for the day is 211.2-218.4.Zinc prices dropped tracking 1.60 percent weakness in LME prices in profit booking after continued their climb finding support amid tight stock levels.Available stocks of zinc in LME warehouses currently stand at 113,475 tonnes; they have ranged between 69,850 and 317,000 tonnes so far this year.Prices have experienced little price fluctuation throughout the week, with Chinese market participants sidelined due to an extended national holiday.



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