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Monday 11 March 2019

EPIC RESEARCH MCX Zinc UPDATE OF 11 March 2019



Zinc trading range for the day is 187.5-194.7.

* Zinc dropped after trade data from China pointed to a slowing economy despite recent stimulus measures, denting demand expectations.

* China's exports fell by the most in three years in February while imports fell for a third straight month.

* China's refined zinc output saw its steepest plunge since 2013 last year, partly due to tight raw material supply and longer maintenance periods.


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