EPIC RESEARCH MCX Zinc UPDATE OF 7 January 2019

Posted by Commodity Updates by Epic Research on 13:15:00 with No comments


Zinc trading range for the day is 168.5-175.1.

* Zinc prices gained after China’s Premier Li Keqiang's pledge of more economic stimulus generated some purchases and short-coverings.

* Zinc social inventories extend gains as smelters step up shipments

* Stocks across Shanghai, Guangdong and Tianjin stood at 97,500 mt, up 10,500 mt from a week ago

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