EPIC RESEARCH MCX ZINC UPDATE OF 05 July 2018

Posted by Commodity Updates by Epic Research on 13:07:00 with No comments

Zinc trading range for the day is 181.6-197.6.

Zinc prices hit its weakest in a year as investors braced for a trade war between China and the United States.

China's threatened tariffs on $34 billion of U.S. goods will take effect from the beginning of the day on July 6, amid worsening trade tensions.

China is putting pressure on the European Union to issue a strong joint statement against President Donald Trump's trade policies at a summit later this month. -

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