EPIC RESEARCH MCX Zinc UPDATE OF 31 AUGUST 2018

Zinc trading range for the day is 170.4-180.6.

Zinc dropped as the US dollar rebounded on its robust personal consumption expenditures (PCE) price index for July

Available products in Guangdong were also tight, with limited arrivals from smelters.

In anticipation of higher zinc prices, smelters did not hurry to destock, given current low inventories of zinc ingots.


Subscribe now for best COMMODITY TIPS
For quick free trial click here < 911 133 9000

Connect with our social media sites

Facebook

Twitter

YouTube

Pinterest

Linkedin

Google+