EPIC RESEARCH MCX Zinc UPDATE OF 20 March 2019

Zinc trading range for the day is 190.8-200.4.

Zinc prices gained supported by China's announcement to cut tax for manufacturers from next month to boost growth in the world's second-largest economy.

The premium for cash zinc over the three-month LME contract stood at $55 a tonne, the highest since early January.

New home prices in China grew at their slowest pace in 10 months in February as a cooling economy put a dent on overall demand.

Warehouse stock for Zinc at LME was at 58325mt that is down by -100mt.



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