EPIC RESEARCH MCX Zinc UPDATE OF 12 October 2018

Zinc trading range for the day is 191.5-200.7.

Zinc settled flat recovered from lows as prices received some support from declines in LME inventories

Zinc inventories in LME-registered warehouses fell below 200,000 tonnes from more than 250,000 tonnes in August and are nearing 10-year lows.

Stockpiles in Shanghai Futures Exchange storehouses at 29,204 tonnes are the smallest since 2007.

Warehouse stock for Zinc at LME was at 191500mt that is down by -3075mt.


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