EPIC RESEARCH MCX ZINC UPDATE OF 19 APRIL 2018

Zinc trading range for the day is 203.2-222. Zinc gained after the People’s Bank of China said it will cut the reserve-requirement ratio for some banks to reduce their funding costs. China’s investment in fixed assets, excluding rural households, stood at 10.08 trillion yuan in the first quarter of this year, up 7.5% year on year. Tangshan imposes more output cuts on pollution concerns.

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