EPIC RESEARCH MCX Zinc UPDATE OF 5 April 2019
Posted by Commodity Updates by Epic Research on 12:01:00 with No comments
Zinc trading range for the day is 222.6-229.4.
* Zinc prices dropped as supported seen after stocks of refined zinc across Shanghai-bonded warehouses declined, the first time in five consecutive weeks.
* Trade talks between the United States and China made “good headway” last week in Beijing and the two sides aim to bridge differences during further talks
* German industrial orders fell by 4.2 percent, their sharpest rate in more than two years, in February, hit by a slump in foreign demand.
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