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Thursday 16 November 2017

EPIC RESEARCH MCX ZINC UPDATE OF 16 NOVEMBER 2017

Zinc trading range for the day is 203-211. Zinc prices recovered despite Chinese data out was broadly speaking negative. LME stocks continued their downturn, with total zinc LME stocks at 232,100 mt as of Wednesday, their lowest level since December 2008. China stoked fears of a slowdown with falls in oil and global stocks indicating broad-based caution among investors.






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