EPIC RESEARCH MCX Zinc UPDATE OF 15 January 2019

Zinc trading range for the day is 172.9-178.7.

Zinc prices dropped due to sluggish downstream demand and a potential influx of imports.

China's December imports unexpectedly contracted, falling 7.6 percent.

China's refined zinc production saw its steepest plunge since 2013 last year amid tight raw material supply and the relocation of the country's top smelter.

Warehouse stock for Zinc at LME was at 126225mt that is down by -575mt.


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