EPIC RESEARCH MCX Zinc UPDATE OF 10 October 2018

Posted by Commodity Updates by Epic Research on 11:59:00 with No comments


Zinc trading range for the day is 195.9-207.7.

* Zinc gained as production cuts at Chinese smelters dragged down stockpiles to the lowest in more than a decade.

* Production cutbacks at China’s zinc smelters due to tighter environmental checks and weaker profits had tightened supply.

* China's services sector in September grew at its fastest in three months as demand picked up, showed the latest Caixin business report.


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