DOLLAR ADVISORY MCX ZINC UPDATE OF 28 Nov 2016 - Dollar Advisory | Best Commodity Tips Provider

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Monday 28 November 2016

DOLLAR ADVISORY MCX ZINC UPDATE OF 28 Nov 2016


Zinc trading range for the day is 181.9-205.1.
Zinc prices rallied on bets that demand was picking up faster than supply amid a broad-based rally across the metals complex.
Markets have long believed zinc was heading for a supply shortfall as demand picked up.
The zinc market is expected to see a 400,000 tonne deficit this year, but this could easily be offset by inventories.

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