EPIC RESEARCH MCX ZINC UPDATE OF 16 MAY 2018

Posted by Commodity Updates by Epic Research on 13:41:00 with No comments

Zinc trading range for the day is 205.4-211.4.

Zinc prices gained as upbeat industrial production data from China offered some support.

China’s zinc social inventories inched up slightly over the weekend with the inflow of imported materials.

The overall zinc inventories in warehouses across Shanghai, Tianjin and Guangdong rose 3,300 mt to 139,400 mt.

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