EPIC RESEARCH MCX Zinc UPDATE OF 11 February 2019

Zinc trading range for the day is 189.8-195.8.

Zinc dropped on profit booking after prices remained supported amid concerns over shortages due to falling stocks and delays to new capacity in top producer China.

China's zinc output came in at 4.53 million tonnes in 2018, according to a survey of smelters by Antaike.

Headline stocks in LME warehouses have fallen to 109,925 tonnes, the lowest since January 2008.

Warehouse stock for Zinc at LME was at 109925mt that is down by -1350mt.

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