EPIC RESEARCH MCX ZINC UPDATE OF 29 JANUARY 2018

Zinc trading range for the day is 218.9-223.7.Zinc gained as headline stocks reached a more than nine-year low of 179,450 tonnes. Imported refined zinc hit 100,845 mt in December, up 329.4% on a yearly basis. Rising supplies of zinc over the next couple of years are unlikely to replenish dwindling inventories to the extent that the market stops fretting about shortages.

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