EPIC RESEARCH MCX Zinc UPDATE OF 1 November 2018
Posted by Commodity Updates by Epic Research on 11:51:00 with No comments
Zinc trading range for the day is 182.9-194.3.
* Zinc prices ended with losses on concerns the Sino-U.S. trade row will hurt demand.
* The global zinc market deficit deepened to 76,200 tonnes in August from a revised deficit of 69,700 tonnes.
* In the first eight months of the year the zinc market had a 292,000 tonne deficit, compared with a deficit of 361,000 tonnes in the same period last year.
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