EPIC RESEARCH MCX Zinc UPDATE OF 10 December 2018

Zinc trading range for the day is 185-192.2.

Zinc prices gained as zinc stockpiles in LME warehouses dropped to a near 11-year low and Shanghai stockpiles seen at its lowest since April 2007.

China's output of refined zinc in November dipped 0.63% on the month and stood at 456,400 mt.

Treatment charges (TCs) for zinc concentrate extended their gains last month and this bolstered producing enthusiasm across domestic smelters.

Warehouse stock for Zinc at LME was at 113125mt that is up by 1900mt.


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