EPIC RESEARCH MCX Zinc UPDATE OF 5 December 2018

Zinc trading range for the day is 182.2-190.4.

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.

The cash zinc premium over three-month metal, at $93, had returned to near 10-year highs after easing, suggesting shortages of immediately available metal.

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

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