DOLLAR ADVISORY MCX ZINC UPDATE OF 23 Nov 2016 - Dollar Advisory | Best Commodity Tips Provider

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Wednesday 23 November 2016

DOLLAR ADVISORY MCX ZINC UPDATE OF 23 Nov 2016

Zinc trading range for the day is 174.8-179.2. Zinc gains tracking Shanghai Futures powered by signs of tighter supply. The global zinc market deficit narrowed to 19,900 tonnes in September from an upwardly revised deficit of 26,000 tonnes in August Meanwhile, hopes of freer trade flows and the prospect of more imports by China also buoyed investor sentiment.
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