EPIC RESEARCH MCX Zinc UPDATE OF 5 March 2019

Zinc trading range for the day is 194.3-199.7.

Zinc dropped on profit booking as the U.S. dollar strengthened

Zinc mines have been ramping up, but smelters have not been able to keep up, so shortages of refined metal have persisted.

Chinese smelters have been caught between a tight concentrates market and an escalation of environmental regulations.

Warehouse stock for Zinc at LME was at 63750mt that is down by -800mt.


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