EPIC RESEARCH MCX ZINC UPDATE OF 14 JULY 2016
Posted by Unknown on 11:57:00 with No comments
Zinc trading range for the day is
143.7-149.3.
Zinc retreated on profit booking amid expectation of more easing in major economies including China, after prices marked a new 13-month high.
LME zinc 'on-warrant' or available inventories are down at 418,300 tonnes, but remain up 21 percent since June 10.
Zinc daily stocks at Shanghai exchange came up by 5661 tonnes.
Zinc retreated on profit booking amid expectation of more easing in major economies including China, after prices marked a new 13-month high.
LME zinc 'on-warrant' or available inventories are down at 418,300 tonnes, but remain up 21 percent since June 10.
Zinc daily stocks at Shanghai exchange came up by 5661 tonnes.
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