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Tuesday, 10 May 2016

EPIC RESEARCH MCX ZINC UPDATE OF 10 MAY 2016

Zinc trading range for the day is 120.1-125.9.    
Zinc dropped as weak trade data from top consumer China highlighted poor demand growth prospects and the dollar rose.    
China's exports and imports fell more than expected in April, underlining weak demand at home and abroad.
New York Federal Reserve President William Dudley said two U.S. rate hikes this year were still a "reasonable expectation"

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