EPIC RESEARCH MCX Zinc UPDATE OF 21 November 2018

Zinc trading range for the day is 181.2-193.2.

* Zinc dropped as tensions between the United States and China escalated ahead of a major meeting between the two presidents next week.

* A slide in zinc inventories on LME to their lowest in more than a decade has wrong-footed bearish investors who are scrambling to cover or roll over positions.

* The ILZSG slashed its forecasts last month, revising the gain in global zinc mine output to 2 percent from an April estimate of a 5.1 percent.


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