Tuesday, 12 April 2016

EPIC RESEARCH MCX ZINC UPDATE OF 12 APRIL 2016

11:53:00

Zinc trading range for the day is 114.8-119.4.
Zinc prices dropped on the expectation that Chinese demand is subdued and expected to remain so.
Consumer prices for March in China fell 0.4%, more than the expected 0.3% decline month-on-month and up 2.3% year-on-year.
A fall in U.S. wholesale inventories pointed to a sharper than expected slowdown in first-quarter economic growth.
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