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Wednesday 27 February 2019

EPIC RESEARCH MCX Zinc UPDATE OF 27 February 2019


Zinc trading range for the day is 188.7-201.3.

* Zinc prices gained rebounding from the day's low as support seen after LME Stock was down by -8925MT.

* U.S. President Trump confirmed he would delay a planned tariff increase on Chinese imports as talks were making "substantial progress"

* The global zinc market deficit narrowed to 61,800 tonnes last December from a revised deficit of 80,900 tonnes in November.


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