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Monday 18 February 2019

EPIC RESEARCH MCX Zinc UPDATE OF 18 February 2019


Zinc trading range for the day is 181.9-195.1.

Zinc prices rallied as production of refined zinc declined 3.31% month on month and 11.46% year on year to stand at 433,600 mt in Jan

Output at Zhuzhou Smelter Group continued to decline in January as it took time for its new plant to ramp up capacity.

Stocks across Shanghai, Guangdong and Tianjin rose 16,000 mt from Monday to stand at 187,000 mt as of Friday Feb 15


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