EPIC RESEARCH MCX ZINC UPDATE OF 20 JUNE 2018

Zinc trading range for the day is 202.5-212.3. Zinc prices ended with losses on simmering trade U.S. China trade concerns. Social inventory of zinc across Shanghai, Gangdong and Tianjin extended its increase over the Dragon Boat Festival long weekend due to inflow of imported zinc into Shanghai. Inventory in Shanghai increased over 10,000 mt from Friday, while inventory in Guangdong went up slightly on limited arrivals due to maintenance at local smelters.

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