EPIC RESEARCH MCX Zinc UPDATE OF 4 January 2019

Posted by Commodity Updates by Epic Research on 11:34:00 with No comments


Zinc trading range for the day is 165.3-173.9.

* Zinc prices gained amid signs of progress on trade talks between the United States and China

* An economic slowdown and ongoing trade tension with the US lowered manufacturing activity in China in December, the first since July 2016.

* The Caixin/Markit Manufacturing PMI for December fell to 49.7 from 50.2 in November, marking the first contraction since May 2017.


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