EPIC RESEARCH MCX Zinc UPDATE OF 22 March 2019

Posted by Commodity Updates by Epic Research on 12:17:00 with No comments


Zinc trading range for the day is 195.4-200.8.

* Zinc dropped on profit booking after prices gained inventories in London Metal Exchange warehouses hit fresh lows.

* LME zinc inventories, down 55 percent this year, touched their lowest since October 2007.

* Production of refined zinc in China declined 3.31% month on month and 11.46% year on year to stand at 433,600 mt in January.


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