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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