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Wednesday, 6 February 2019

EPIC RESEARCH MCX Zinc UPDATE OF 6 February 2019


Zinc trading range for the day is 192-205.8.

Zinc dropped on profit booking as pressure seen after rise in LME stocks.

Traders have been buoyed by signs that a deal is close in trade talks between the U.S. and China

China's zinc output came in at 4.53 million tonnes in 2018, according to a survey of smelters by Antaike.

Warehouse stock for Zinc at LME was at 112725mt that is up by 225mt.


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