EPIC RESEARCH MCX Zinc UPDATE OF 18 January 2019

Zinc trading range for the day is 176.2-184.8.

* Zinc prices remained supported amid China's policymakers are pledging to step up stimulus measures this year.

* PBOC is injecting 250 billion yuan ($37 billion) through seven-day reverse bond repurchase agreements and 150 billion yuan through 28-day reverse repos.

* China’s economic growth is expected to slow to 6.3 percent this year, which would be the weakest in 29 years, from an expected 6.6 percent in 2018.

Subscribe now for best COMMODITY TIPS
For quick free trial click here < +917316642316

Connect with our social media sites

Facebook

Twitter

YouTube

Pinterest

Linkedin

Google+