EPIC RESEARCH MCX Zinc UPDATE OF 3 April 2019

Zinc trading range for the day is 217.9-225.9.

Zinc prices dropped on profit booking as the latest U.S. economic data did little to dispel worries about growth.

Orders for durable goods, which are meant to last at least three years or more, fell 1.6% in February, the Commerce Department said.

Social inventories of refined zinc across Shanghai, Guangdong and Tianjin shrank by 1,900 mt.

Warehouse stock for Zinc at LME was at 50850mt that is down by -425mt.


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