EPIC RESEARCH MCX Zinc UPDATE OF 25 January 2019

Zinc trading range for the day is 185-190.2.

Zinc dropped as pressure seen after update downward pressure on the economy will impact China's job market.

On-warrant zinc stocks in LME warehouses tumbled to 67,725 tonnes, down from 117,075 tonnes at the start of January and the lowest since 2007.

Cash zinc still commands a premium over the three-month contract, suggesting nearby supplies are tight.

Warehouse stock for Zinc at LME was at 117475mt that is down by -625mt.

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