EPIC RESEARCH MCX ZINC UPDATE OF 22 MAY 2018
Posted by Commodity Updates by Epic Research on 13:24:00 with No comments
Zinc trading range for the day is 209.4-213.4.
Zinc settled flat as prices seen pressure buoyed by a further rise in U.S. Treasury yields that suggests an upbeat outlook for the world’s largest economy.
China's economy will likely expand around 6.7 percent in the second quarter this year, the State Information Center (SIC) said.
China’s zinc social inventories dipped as maintenance works at smelters limited the deliveries to warehouses.
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