EPIC RESEARCH MCX ZINC UPDATE OF 10 NOVEMBER 2017
Posted by aditi on 11:44:00 with No comments
Zinc trading range for the day is 205.3-212.3. Zinc recovered to end with gains as prices seen supported after LME stock fell another 3,275 tonnes, taking them to their lowest in nearly two months. China's producer prices were surprisingly strong in October, while consumer inflation picked up pace, suggesting the world's second-largest economy remains robust.MMG’s Dugald River mine in Australia will process an average 1.7 million tonnes a year of ore to initially produce 170,000 tonnes of zinc in concentrate.
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