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Tuesday, 12 September 2017

EPIC RESEARCH MCX ZINC UPDATE OF 12 SEPTEMBER 2017


Zinc trading range for the day is 192.9-200.7.Zinc price gained as investors worried about possible damage to metal stored in New Orleans, the location that holds 95 percent of zinc in LME warehouses.Total zinc inventories in Shanghai, Tianjin and Guangdong will remain low next week.Together with maintenance at smelters around Tianjin and Guangdong, total inventories in the three regions will remain low.

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