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Thursday 26 May 2016

EPIC RESEARCH MCX ZINC UPDATE OF 26 MAY 2016

Zinc trading range for the day is 121.8-125.2.    
Zinc prices recovered to settle flat on short covering amid with oil amid speculation the world economy will cope with the impact of higher U.S. interest rates.             
Overall sentiment in the financial markets was boosted by news that creditors reached an agreement to release 10.3 billion euros of aid funds to Greece.    
Premiums for zinc held in Shanghai bond fell $20 to $115, the lowest since last August. 


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