EPIC RESEARCH MCX Zinc UPDATE OF 25 September 2018

Posted by Commodity Updates by Epic Research on 11:50:00 with No comments
Zinc trading range for the day is 177.3-190.1.

* Zinc prices ended with gains supported by a shortage of the metal in top consumer China.

* LME zinc stocks are at their lowest since April, whereas ShFE zinc inventories remain barely above a decade low.

* The Eurozone manufacturing purchasing managers index (PMI) dropped to 53.3 in September while services PMI edged higher to 54.7.

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