Thursday, 12 July 2018

EPIC RESEARCH MCX ZINC UPDATE OF 12 July 2018

Zinc trading range for the day is 170.3-183.7.

* Zinc dropped with the threat of further tit-for-tat tariffs between the United States and China exacerbating concerns about demand for metals.

* Imported zinc is set to impact consumption of domestic brands, as downstream buyers favoured cheaper imports.

* Visible zinc inventories across LME warehouses stood at 250,000 mt

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