EPIC RESEARCH MCX ZINC UPDATE OF 12 JUNE 2018

Zinc trading range for the day is 214.2-220.4. Zinc recovered on short covering after prices dropped as zinc inventory grows for two weeks on imported zinc in Shanghai. Social inventories of zinc as of Monday June 11 increased 8,600 mt from Friday June 8 and stood at 139,800 mt across Shanghai, Guangdong and Tianjin. The domestic market has also continued to see inflows of imported zinc since the import window opened in April and May.

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