EPIC RESEARCH MCX Zinc UPDATE OF 30 October 2018

Posted by Commodity Updates by Epic Research on 11:41:00 with No comments


Zinc trading range for the day is 194.1-199.9.

* Zinc prices dropped as concerns over the impact of a U.S.-China trade row on demand for industrial metals returned to focus.

* Profit growth at China's industrial firms slowed for a fifth consecutive month in September as sales of raw materials and manufactured goods ebbed further.

* The slowdown was in line with data last week that showed September's factory output grew at the weakest pace since February 2016.


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