EPIC RESEARCH MCX Zinc UPDATE OF 24 January 2019

Zinc trading range for the day is 184.9-190.1.

Zinc gained as continued low inventories and stimulus signals from the China’s government improved market sentiment.

China Dec zinc output down 1.7 percent y/y at 509,000 tonnes - stats bureau.

Peoples Bank of China injects 257.5b Yuan into the first-ever targeted Medium Term Lending Facility (MLF) operation.

Warehouse stock for Zinc at LME was at 118100mt that is down by -725mt.


Subscribe now for best Stock Report
US Stock Market News
For quick free trial click here > +917316642316

Connect with our social media sites

Facebook

Twitter

YouTube

Pinterest

Linkedin

Google+