EPIC RESEARCH MCX Zinc UPDATE OF 22 October 2018

Posted by Commodity Updates by Epic Research on 11:50:00 with No comments

Zinc trading range for the day is 193.1-202.7.

* Zinc prices ended with losses as pressure seen after Zinc stocks on SfHE jump 23 percent over the last week.

* Zinc stocks across Shanghai, Tianjin, Guangdong shrank 1,900 mt from Monday Oct 15 to stand at 156,600 mt.

* On-warrant LME zinc stocks, tumbled 23 percent to 105,400 tonnes, the lowest since February.


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