EPIC RESEARCH MCX Zinc UPDATE OF 12 December 2018

Zinc trading range for the day is 186.5-194.1.

Zinc prices recovered on short covering after pressure seen on concerns the U.S.-China trade friction will hurt demand.

Social inventories of refined zinc across Shanghai, Guangdong and Tianjin came in at 107,700 mt down some 700 mt from last Friday.

Stocks of zinc in LME registered warehouses at 113,175 tonnes have halved since the middle of August to their lowest in more than 10 years.


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