EPIC RESEARCH MCX ZINC UPDATE OF 28 FEBRUARY 2018

Zinc trading range for the day is 226.2-233. Zinc prices dropped as pressure seen after some have resumed operations post-Chinese New Year. Supply tightness remains as some miners have yet to come back from the Chinese New Year holiday and treatment charges (TCs) were low. LME inventory continues to decline and as downstream consumption recovers gradually and leads to destocking in China.



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