EPIC RESEARCH MCX Zinc UPDATE OF 7 March 2019
Posted by Commodity Updates by Epic Research on 11:46:00 with No comments

Zinc trading range for the day is 194.9-199.5.
* Zinc dropped as investors awaited fresh clues on the progress of U.S.-China trade negotiations.
* Shortages for a fourth year running and historically low stocks of zinc are likely to propel prices of the metal to $3,000 a tonne over coming months.
* Eurozone retail sales rebounded in January, adding to recent signs that the currency area's economy may be levelling out after a sharp slowdown in 2018.
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