EPIC RESEARCH MCX Zinc UPDATE OF 13 December 2018

Zinc trading range for the day is 184.2-191.8.

* Zinc dropped as the greenback hovered near its one-month high on a rebound in U.S. bond yields and weakness of the pound amid extended Brexit uncertainty.

* While demand weakened, supply bottlenecks kept China’s overall inventories of refined zinc at record lows.

* Social inventories of refined zinc across Shanghai, Guangdong and Tianjin stood at 108,400 mt with stocks in Shanghai-bonded warehouses at 44,000 mt, data showed.


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