EPIC RESEARCH MCX Zinc UPDATE OF 09 October 2018

Posted by Commodity Updates by Epic Research on 12:26:00 with No comments


Zinc trading range for the day is 191.4-202.2.

* Zinc prices recovered on short covering after prices seen pressure given sufficient ore supplies and tight refined material supplies.

* The US Commerce Department said that the trade gap increased 6.4% to $53.2 billion, widening for a third straight month.

* German industrial output unexpectedly dipped in August for the third consecutive month, data showed.


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