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Monday 20 February 2017

EPIC RESEARCH MCX ZINC UPDATE OF 20 FEBRUARY 2017

Zinc trading range for the day is 183.7-193.7. Zinc prices ended with losses as increase in availability dampened recent price moves higher. The global zinc market was balanced in December after a deficit of 45,400 tons in November, the ILZSG said. Korea Zinc said it plans to cut its refined zinc production by 7.7% to 599,937 tons this year, citing tightening supply.



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