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Wednesday 6 March 2019

EPIC RESEARCH MCX Zinc UPDATE OF 6 March 2019


Zinc trading range for the day is 194.1-200.9.

Zinc prices ended with gains on concern about shortages after inventories slid.

Social inventories of refined zinc in China continued their growth, suggesting that consumption has yet to substantially pick up.

China 2019 gov't work report: it will further cut targeted RRR on small & medium banks.

Warehouse stock for Zinc at LME was at 61125mt that is down by -2625mt.


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