EPIC RESEARCH MCX Zinc UPDATE OF 19 November 2018

Posted by Commodity Updates by Epic Research on 12:21:00 with No comments


* Zinc trading range for the day is 185.2-196.4.

* Zinc gained as LME stockpiles fell to a 10-1/2-year low, with signs that China may be moving to calm its trade dispute with the United States also boosting prices.

* LME zinc stocks fell to a decade-low of 125,400 tonnes, data showed, while on-warrant or available stocks hit their lowest since February.

* Zinc output in October from China, fell 7.6 percent from a year earlier to 501,000 tonnes, official data showed.


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