EPIC RESEARCH MCX Zinc UPDATE OF 4 December 2018

Posted by Commodity Updates by Epic Research on 11:59:00 with No comments


* Zinc trading range for the day is 180.3-188.9.

* Zinc prices recovered on short covering after prices pounded by expectations of weak demand from top consumer China.

* A total of 79 Chinese cities have triggered air pollution alerts as severe winter smog covers wide swaths of the country.

* US President Trump told Chinese President Jinping that he would not boost tariffs on $200 billion of Chinese goods to 25 percent on Jan. 1 as previously announced.


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