EPIC RESEARCH MCX ZINC UPDATE OF 24 OCTOBER 2016
Posted by investment adviser on 11:58:00 with No comments
Zinc trading range for the day is 149.1-153.5.
Zinc prices ended with losses continuing its weak trend on worries about falling demand.
Mitsui Mining is maintaining its estimate for a global deficit this year of 440,000 tons, the widest in over a decade.
Zinc prices are forecast to rise more than 20 percent, due to mine closures and earlier production cuts, according to World Bank report.
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