EPIC RESEARCH MCX Zinc UPDATE OF 30 November 2018

Zinc trading range for the day is 175.9-181.5.

* Zinc prices remained under pressure as traders anticipated an increase in supply and weakening demand from steelmakers.

* The cash zinc premium over three-month metal, at $93, had returned to near 10-year highs after easing earlier in the week, suggesting shortages of metal.

* Speculative investors were beginning to ramp up bets on lower prices, with their net short expanding to 3 percent of open contracts.

Subscribe now for best Stock Report
US Stock Market News
For quick free trial click here > +917316642316

Connect with our social media sites

Facebook

Twitter

YouTube

Pinterest

Linkedin

Google+