EPIC RESEARCH MCX Zinc UPDATE OF 20 November 2018

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

Zinc trading range for the day is 185.8-195.6.

* Zinc prices dropped tracking LME prices as risk aversion grew as the US stock market slumped.

* China’s domestic supplies stayed relatively tight, market optimism cooled as downstream consumption went sluggish at the year-end.

* Social inventories of refined zinc across Shanghai, Guangdong and Tianjin came in at 123,000 mt. -

Subscribe now for best Stock Report
US Stock Market News
For quick free trial click here > +917316642316

Connect with our social media sites

FacebookTwitterYouTubePinterestLinkedinGoogle+