Friday, 15 February 2019

EPIC RESEARCH MCX Zinc UPDATE OF 15 February 2019



Zinc trading range for the day is 181.6-188.6.

Zinc dropped on profit booking after prices gained after better-than-expected trade data from top copper consumer China.

U.S. Treasury Secretary Steven Mnuchin said he was looking forward to trade talks with China.

Floods in Australia's Queensland state are set to disrupt the rail delivery of zinc exports to the northern port of Townsville.

Warehouse stock for Zinc at LME was at 98000mt that is down by -3525mt.

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