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Thursday, 10 May 2018

EPIC RESEARCH MCX ZINC UPDATE OF 10 MAY 2018


Zinc trading range for the day is 205.9-210.5. Zinc prices gained underpinned by expectations for seasonal strength in demand. China's refined zinc production rose 2.1 pct in April from a month earlier to 377,000 tonnes as smelters returned from maintenance. Daily output increased by 5.5 pct last month, which had one less day than March, said the research arm of the China Nonferrous Metals Industry Association.

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