EPIC RESEARCH MCX Zinc UPDATE OF 29 November 2018

Zinc trading range for the day is 172.2-185.

* Zinc prices rose as falling stockpiles and rising premiums for nearby metal highlighted a short-term supply squeeze, halting a slide to 10-week lows.

* Despite expectations of a rise in supplies, current supply bottlenecks and stable demand across Chinese markets are likely to limit downside room.

* Social inventories of refined zinc across Shanghai, Guangdong and Tianjin stood at 126,300 mt up 1,100 mt.



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