EPIC RESEARCH MCX Zinc UPDATE OF 10 April 2019

Zinc trading range for the day is 221.7-228.7.

* Zinc prices dropped on concerns that metal smelters may raise supply amid a surge in treatment charges.

* Market participants are concerned that supplies of finished zinc will surge after smelters and miners agreed to a sharp rise in the latest treatment and refining charges.

* For Chinese smelters, those charges have climbed to about 6,350 yuan a tonne for domestic concentrate from 3,500 yuan at the start of 2018.


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