EPIC RESEARCH MCX Zinc UPDATE OF 14 January 2019

Posted by Commodity Updates by Epic Research on 11:22:00 with No comments

Zinc trading range for the day is 173.6-178.

* Zinc prices gained amid tight raw material supply, longer maintenance periods and the relocation of the country's top smelter.

* Social inventories of refined zinc across Shanghai, Tianjin and Guangdong gained 7,200 mt in the week ended January 11.

* China’s factory activity contracted in December for the first time in more than two years, as the rush to produce export shipments waned.


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