EPIC RESEARCH MCX ZINC UPDATE OF 23 MARCH 2018

Zinc trading range for the day is 205.2-215. Zinc dropped as escalating concern about U.S. plans to levy duties on Chinese imports and the possibility they could trigger a trade war hit sentiment. Zinc mine capacity to surge by 880,000 T in 2018 – ILZSG. The global market balance in zinc will be much less tight this year due to mine openings and expansions.

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