EPIC RESEARCH MCX ZINC UPDATE OF 05 MARCH 2018

Zinc trading range for the day is 217.6-224.2. Zinc settled down as smelters maintained normal operations during the Chinese New Year holiday last month and accumulated inventories. Spot zinc discounts in the Shanghai market continued to widen downwards on high inventories, slower consumption recovery and tighter cash. China imported 67,111 tonnes of refined zinc last month, up by 287.1% year on year.

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