EPIC RESEARCH MCX Zinc UPDATE OF 16 November 2018
Posted by Commodity Updates by Epic Research on 11:57:00 with No comments
Zinc trading range for the day is 181.9-194.5.
* Zinc gained supported by expectations of potential stimulus measures in China to boost the economy after recent data pointed to cooling growth.
* China Oct zinc output -7.6 pct y/y at 501,000 tonnes - stats bureau
* The global zinc market deficit narrowed to 54,700 tonnes in September from a revised deficit of 81,800 tonnes in August, data from the ILZSG showed.
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