EPIC RESEARCH MCX Zinc UPDATE OF 16 October 2018

Posted by Commodity Updates by Epic Research on 13:15:00 with No comments

Zinc trading range for the day is 190.3-201.1.

* Zinc prices eased alongside an uptick in the U.S. dollar and as ongoing global trade tensions cloud the outlook for demand.

* An escalating trade row between China and the United States could crimp demand, even though China's September trade data proved more resilient than expected last week.

* ShFE warehouse inventories showed that zinc arrivals jumped by 14,169 tonnes, or 48.5 percent, over the past two weeks to 43,373 tonnes.


Subscribe now for best Stock Report
US Stock Market News
For quick free trial click here > 7316642316

Connect with our social media sites

FacebookTwitterYouTubePinterestLinkedinGoogle+