EPIC RESEARCH MCX Zinc UPDATE OF 15 November 2018
Posted by Commodity Updates by Epic Research on 12:15:00 with No comments
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjRvt34yr34zmK5zvm_qRk8pMCh0Ki1_LxuEGYSJverXIeFOyo7JodUBKPN3ETleHxyJPEEdpoIXrB2wMO2j_ju99YeS9PyQfhLuiZU1vD2D-4iVN4_MpM6XAjQ0LQG1NEhhJ_dXscCwrc/s320/zinc.jpg)
Zinc trading range for the day is 180-187.2.
* Zinc gained on short covering after prices dropped as weak retail sales data from China took the shine off upbeat industrial output.
* The premium for cash zinc over the 3-month contract was at $56.50 a tonne, close to a one-year high of $66.50 touched.
* Facing the weakest growth since the global financial crisis, Chinese policymakers are fast-tracking road and rail projects, pushing banks to increase lending.
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