EPIC RESEARCH MCX Zinc UPDATE OF 28 February 2019

Zinc trading range for the day is 194.7-199.9.

Zinc prices trading in range as seasonal supply pressure in China sustained.

LME zinc inventories and extended losses in the greenback, limiting the downside.

Federal Reserve Chairman Jerome Powell reiterated that the central bank would stay patient on monetary policy.

Warehouse stock for Zinc at LME was at 67825mt that is down by -1650mt.


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