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Thursday, 23 March 2017

EPIC RESEARCH MCX ZINC UPDATE OF 23 MARCH 2017

Zinc trading range for the day is 181.4-189.6. Zinc prices recovered from the day's low to settled up by 1.50% after Votorantim says it has halted zinc smelting in Peru amid floods .Peru is bracing for another month of flooding after a sudden warming of Pacific waters off Peru's coast unleashed deadly downpours in recent weeks. Zinc, up 12% year to date, is being buoyed by record refined output in China and tight supply after a number of mine closures.

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