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Tuesday 20 November 2018

EPIC RESEARCH MCX Zinc UPDATE OF 20 November 2018


Zinc trading range for the day is 185.8-195.6.

* Zinc prices dropped tracking LME prices as risk aversion grew as the US stock market slumped.

* China’s domestic supplies stayed relatively tight, market optimism cooled as downstream consumption went sluggish at the year-end.

* Social inventories of refined zinc across Shanghai, Guangdong and Tianjin came in at 123,000 mt. -


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