EPIC ZINC TREND FOR TODAY-3-MAY-2013

**Admin** Fri May 03, 2013 4:36 pm

Zinc trading range for the day is 96.1-100.4.
Zinc dropped slightly after comments from Draghi and ECB lowered benchmark rate from 0.75%, to 0.5%
European Central Bank announced to cut the benchmark interest rate for May to 0.5% from 0.75% as market expected.
Zinc daily stocks at Shanghai exchange came down by 851 tonnes
Warehouse stock for Zinc at LME was at 1060000mt that is down by -2175mt.

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