EPIC RESEARCH MCX ZINC UPDATE OF 26 June 2018
Posted by Commodity Updates by Epic Research on 16:41:00 with No comments
Zinc trading range for the day is 193.7-202.5.
Zinc ended lower as traders eyed rising stocks and bet on increased mine supply
Zinc stocks in LME warehouses stood at 247,250 tonnes at last count, up 87 per cent since March 1 this year.
Some 880,000 tonnes of additional zinc mine capacity is due to come on stream this year, according to the ILZSG.
Some 880,000 tonnes of additional zinc mine capacity is due to come on stream this year, according to the ILZSG.
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