EPIC RESEARCH MCX ZINC UPDATE OF 09 MARCH 2018

Zinc trading range for the day is 207.7-215.5. Zinc dropped as escalating U.S. trade tensions overshadowed data that showed February exports surged at the fastest pace in three years. The premium for cash zinc over the three-month contract fell to $3.20 from $50 late last month, signalling greater availability of metal.

Investors were reducing bets on higher prices, with the net long position in LME zinc down to 5.4 percent of active contracts from 29 percent

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