EPIC RESEARCH MCX ZINC UPDATE OF 23 MAY 2018

Zinc trading range for the day is 205.3-211.1. Zinc settled down on fresh selling tracking LME zinc which shed 1.6 per cent to end at $US3,056 a tonne. Zinc social inventories shrank during the last weekend with fewer deliveries arriving in China’s three major markets. Overall zinc inventories in warehouses across Shanghai, Tianjin and Guangdong stood at 129,400 mt, down 2,100 mt from last Friday.

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