EPIC RESEARCH MCX ZINC UPDATE OF 03 July 2018
Posted by Commodity Updates by Epic Research on 13:17:00 with No comments
Zinc trading range for the day is 193.9-201.1.
Zinc dropped as supply recovers after a year of deficit drove prices to decade highs and encouraged restarts.
Growth in China's manufacturing sector slowed in June after a better-than-expected performance in May.
China's top zinc smelters plan to cut zinc output by 10 percent after holding a meeting in Shaanxi province to address low zinc prices and treatment charges.
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