EPIC RESEARCH MCX ZINC UPDATE OF 08 FEBRUARY 2018

Zinc trading range for the day is 212.8-228.6. Zinc prices ended with losses on concerns that fundamentals do not justify current price levels. Shortages of refined metal have seen stocks in LME-approved warehouses fall to their lowest since 2008. The zinc market to be “fairly tight” as investors’ fears over shrinking supply and a lack of new mine production continue to increase.



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