EPIC RESEARCH MCX ZINC UPDATE OF 15 June 2018

Posted by Commodity Updates by Epic Research on 13:23:00 with No comments

Zinc trading range for the day is 213-220.6.

Zinc prices dropped after data pointed to a slowing of economic growth in China, the biggest metals consumer.

Zinc stocks in Shanghai-bonded warehouses dropped to 206,000-207,000 tonnes at the end of May, compared with 214,000-215,000 tonnes a month ago.

South Korea bought 1,000 tonnes of zinc for August arrival via a tender, the state-run Public Procurement Service said.

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