EPIC RESEARCH MCX ZINC UPDATE OF 24 APRIL 2018

Zinc trading range for the day is 210.6-218.4. Zinc settled flat as pressure seen as the US dollar gained and as the sanctions against Russia may ease. Zinc concentrate TCs in China are likely to rise in the near term as supply shortage eases and as smelters are on the verge of making losses. China march zinc output stood unchanged y/y at 469,000 tonnes - stats bureau.

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