EPIC RESEARCH MCX Zinc UPDATE OF 8 April 2019

Posted by Commodity Updates by Epic Research on 11:28:00 with No comments


Zinc trading range for the day is 224.5-229.5.

* Zinc prices gained on concerns about short-term shortages despite of uncertainty about any U.S.-China trade deal.

* The premium of LME cash zinc over the three-month contract rose to $71 a tonne, near the peak of $76.75 touched a week ago.

* U.S. employment growth accelerated from a 17-month low in March as milder weather boosted hiring in sectors like construction.



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