EPIC RESEARCH MCX Zinc UPDATE OF 12 March 2019

Zinc trading range for the day is 190.3-196.5.

* Zinc prices gained buoyed by a pledge from China's central bank to increase loans and lower borrowing costs after a sharp drop in bank lending in February.

* Miner Glencore has struck a deal with its Canadian subsidiary Noranda Income Fund on the terms of zinc treatment charges for the coming year.

* Social inventories of refined zinc dip as lower prices buoy consumption


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