EPIC RESEARCH MCX ZINC UPDATE OF 29 June 2018
Posted by Commodity Updates by Epic Research on 14:47:00 with No comments
Zinc trading range for the day is 196.9-207.5.
Zinc prices gained as support seen after China zinc smelters plan to cut output by 10 pct.
Australia's New Century Resources is on track to turn a giant tailings dam into the world's fifth-biggest source of zinc as it defies doubters to make its first shipment in August.
The premium of cash zinc over three months zinc above $49 a tonne held near Friday's $59.50, the highest since October last year.
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