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Friday 5 October 2018

EPIC RESEARCH MCX Zinc UPDATE OF 05 October 2018


Zinc trading range for the day is 192.3-202.1.

* Zinc prices seen pressure after daily LME data showed inventories rose 5,100 tonnes to 203,675 tonnes.

* Mitsui Mining and Smelting Co Ltd, plans to produce 114,600 tonnes of refined zinc during October-March in the 2018/19 financial year.



* Refined zinc production in China has been low because of the smelter cuts.

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