EPIC RESEARCH MCX ZINC UPDATE OF 25 July 2018

Posted by Commodity Updates by Epic Research on 13:20:00 with No comments

Zinc trading range for the day is 174.7-186.5.

* Zinc gained after China approved new fiscal measures to bolster its economy.

* Ample supplies in the market shrank zinc spot premiums in Shanghai to 180-200 yuan/mt.

* South Korea bought 1,000 tonnes of zinc for loading in October via a private contract tender that closed on July 20.

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