Friday, 22 June 2018

EPIC RESEARCH MCX ZINC UPDATE OF 22 June 2018

Zinc trading range for the day is 196.1-210.1.

Zinc prices dropped as intensified environmental probes depressed consumption in the low season.

Adequate supplies in Shanghai weighed on spot zinc premiums, and downstream consumers purchased as needed.

China is likely to implement a three-year initiative to “make skies blue again”, Zhao Yingmin, vice-minister of the Ministry of Ecology and Environment (MEE) said.

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