EPIC RESEARCH MCX ZINC UPDATE OF 25 MAY 2018

Zinc trading range for the day is 205.6-209.4.

Zinc prices recovered after the dollar took a hit following U.S. President Donald Trump's decision to cancel a summit with North Korean leader Kim Jong Un.

China will slash import tariffs on certain vehicles and auto parts down to 15%, the Ministry of Finance (MOF) said. Cuts will take effect on July 1.

Cme lowers zinc futures initial margins for specs by 8.3 percent to $3,630 per contract from $3,960.

Subscribe now for best MCX TIPS
For quick free trial click here > 911 133 9000

Connect with our social media sites

Facebook

Twitter

YouTube

Pinterest

Linkedin

Google+