EPIC RESEARCH MCX Zinc UPDATE OF 17 January 2019

Posted by Commodity Updates by Epic Research on 11:20:00 with No comments

Zinc trading range for the day is 175.7-180.3.

* Zinc gained as support seen after China signalled more stimulus measures in the near term as it aims to achieve "a good start to 2019" in the first quarter.

* China’s trade surplus with the United States rose to $323.32 billion last year, the highest on record going back to 2006, on customs data showed.

* The People's Bank of China (PBOC) injected a record CNY 560 billion via reverse repo operations.


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