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EPIC RESEARCH MCX ZINC UPDATE OF 28 OCTOBER 2016

Tags: zinc supply metal

Zinc trading range for the day is 155-159.
Zinc gained as prices found support from a drawdown in both LME and SHFE stocks and talk of Supply tightness in China.
Zinc concentrate and Metal markets both saw an increase of freight rates particularly in southern China, resulting in tight ore supply and low refined metals inventories. 
Privately backed Auctus Minerals is gearing up to start zinc production at two mines in Australia's northeast by around August next year.
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EPIC RESEARCH MCX ZINC UPDATE OF 28 OCTOBER 2016

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