EPIC RESEARCH MCX Zinc UPDATE OF 1 April 2019

Zinc trading range for the day is 215.1-224.9.

Zinc prices rallied lifted by optimism about a U.S.-China trade deal and potential shortages due to low stocks and mine disruptions.

Stockpiles of zinc in LME-registered warehouses hit their lowest since at least 1998.

The premium of LME cash zinc over the three-month contract climbed to $70 per tonne, the highest since early January, from $3.50 three weeks ago.

Warehouse stock for Zinc at LME was at 52325mt that is down by -1250mt.


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