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Monday, 19 February 2018

EPIC RESEARCH MCX ZINC UPDATE OF 19 FEBRUARY 2018

Zinc trading range for the day is 228.1-233.1. Zinc prices ended with gains tracking firmness in LME prices as support seen due to depleting stocks. Zinc miners, smelters spar over supply as 2018 terms delayed. Zinc stocks saw an outflow of 2,700 tonnes to 151,650 tonnes, bringing inventories to their lowest since 2008.
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