EPIC RESEARCH MCX ZINC UPDATE OF 22 FEBRUARY 2018

Zinc trading range for the day is 228.1-232.3.Zinc on MCX settled down -0.32% at 230.65 with trading volumes as Chinese markets remained shut for the Lunar New Year break.The global zinc market deficit narrowed to 48,600 tonnes in December from a revised deficit of 65,700 tonnes in November - ILZSG showed.The dollar rose extending a recovery from last week’s three-year lows as traders trimmed bearish bets against the U.S. currency.




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