EPIC RESEARCH MCX Zinc UPDATE OF 12 November 2018

Posted by Commodity Updates by Epic Research on 12:14:00 with No comments


Zinc trading range for the day is 181.2-189.4.

* Zinc prices dropped on expectations that a supply crunch will ease.

* Smelter margins in China are picking up and the expectation is that production is set to trend higher into year-end.

* The roughly 13.5 million tonne global zinc market had a deficit of 292,000 tonnes in the first eight months of the year, ILZSG said.



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