EPIC RESEARCH MCX Zinc UPDATE OF 15 October 2018

Zinc trading range for the day is 193.8-201.6.

* Zinc prices remained supported on shrinking inventories and smelter cuts in China despite of trade and inflation worries.

* Demand for refined zinc will exceed supply by 322,000 tonnes this year, but the gap will narrow to 72,000 tonnes in 2019, industry data showed.

* Resumption from maintenance raised output of refined zinc across Chinese smelters to 446,700 mt in September, up 6.7% from August.

Subscribe now for best Stock Report
US Stock Market News
For quick free trial click here > 7316642316

Connect with our social media sites

Facebook

Twitter

YouTube

Pinterest

Linkedin

Google+