EPIC RESEARCH MCX ZINC UPDATE OF 04 June 2018

Zinc trading range for the day is 205.5-210.7.

Zinc prices dropped on profit booking continuing its weak trend after LME inventories rose, indicating supplies were healthy.

China’s manufacturing sector expanded at a steady pace in May as a pick up in production and domestic business offset a second month of declines in new export orders.

U.S. job growth accelerated in May and the unemployment rate dropped to an 18-year low of 3.8 percent, pointing to rapidly tightening labor market conditions.

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+