Tuesday, 8 August 2017

EPIC RESEARCH MCX ZINC UPDATE OF 08 AUGUST 2017

Zinc trading range for the day is 176.1-187.9. Zinc prices gained as zinc inventories are still at low levels and some smelters have yet to totally recover from maintenance. Combined zinc inventories in Shanghai, Tianjin and Guangdong were largely stable at 122,200 mt last week. Zinc inventories in Tianjin grew slightly further due to arriving shipments from other regions and weak consumption.

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