EPIC RESEARCH MCX ZINC UPDATE OF 06 FEBRUARY 2018

Zinc trading range for the day is 224-230.6.Zinc prices gained amid bets that tightening global supply will support prices.For February, no new maintenance work has been planned so far but zinc production is set to be lower due to the Chinese New Year holiday. The operating rates of zinc smelters in January was up 1 percentage point from levels in December as output resumed at Shenzhen Zhongjin Lingnan Nonfemet.

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