EPIC RESEARCH MCX Zinc UPDATE OF 21 January 2019

Zinc trading range for the day is 179.6-189.

Zinc prices gained amid hopes on eased US-China trade tension and LME inventories shrink.

China's refined zinc production saw its steepest plunge since 2013 last year amid tight raw material supply and longer maintenance periods.

China’s December output slipped by 4.4 percent on a daily basis from November to a monthly total of 393,000 tonnes.

Warehouse stock for Zinc at LME was at 121650mt that is down by -1225mt.


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