Thursday 13 March 2014

CAPITAL STROKE COMMODITY UPDATE 14 MARCH 2014: MCX ZINC

Zinc trading range for the day is 119.8-122.8.

Zinc seen pressure as growing concerns over the health of China’s economy dampened demand for growth-linked assets.

China’s industrial output rose 8.6 percent in the first two months of 2014 from a year earlier, missing market expectations.

Zinc daily stocks at Shanghai exchange came down by 500 tonnes


Warehouse stock for Zinc at LME was at 796700mt that is down by -3450mt.


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