EPIC RESEARCH MCX Zinc UPDATE OF 30 AUGUST 2018
Posted by Commodity Updates by Epic Research on 12:48:00 with No comments
Zinc trading range for the day is 174.8-180.
* Zinc gained as investors added their longs amid shrinking LME zinc inventories will bolster prices.
* Available products in Guangdong were also tight, with limited arrivals from smelters.
* In anticipation of higher zinc prices, smelters did not hurry to destock, given current low inventories of zinc ingots.
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