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Tuesday, 3 May 2016

EPIC RESEARCH MCX ZINC UPDATE OF 3 MAY 2016

Zinc trading range for the day is 127.3-130.7.    
Zinc prices dropped on profit booking offering a fairly muted reaction to China’s latest PMI data.         
Activity in China's manufacturing sector expanded for the second month in a row in April but only marginally, an official survey showed
Global refined zinc metal production will increase by 0.5% to 13.98 million tonnes in 2016. 

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