EPIC RESEARCH MCX ZINC UPDATE OF 28 JUNE 2018

Zinc trading range for the day is 193-208. Zinc prices ended with gains on bargain hunting and consumer buying after prices dropped die to rise in inventories. The ILZSG said that supplies of refined zinc increased by 2.9 percent in the first four months of the year compared with 2017. Data showed zinc on-warrant inventories in the London Metal Exchange rose 2,300 tonnes to 241,525 tonnes, shot up 83 percent since the beginning of March.

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