EPIC RESEARCH MCX ZINC UPDATE OF 12 FEBRUARY 2018

Zinc trading range for the day is 214.3-222.7. Zinc prices dropped tracking weakness in spot demand as stock markets extended the slide, with the prospect of rising U.S. interest rates.However, prices got some support on limited supply from China because of severe weather conditions, and mine shutdowns resulting from the country's environmental crackdown.Preliminary data recently compiled by the ILZSG, the global market for refined zinc metal was in deficit by 401 kilo tonne over the first ten months of 2017.

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