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Wednesday 30 January 2019

EPIC RESEARCH MCX Zinc UPDATE OF 30 January 2019



Zinc trading range for the day is 188.5-193.5.

* Zinc despite of continued declines in LME zinc inventories and high proportion of cancelled warrants.

* In the latest in the Sino-U.S. trade dispute, Chinese Vice Premier Liu will visit US on Thursday and Friday for the next round of trade negotiations with Washington.

* On-warrant LME zinc inventories, have tumbled by half so far this year to the lowest levels since October 2007.


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