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Tuesday 15 May 2018

EPIC RESEARCH MCX ZINC UPDATE OF 15 MAY 2018

Zinc trading range for the day is 203.3-209.5. Zinc prices traded in range as investors will be cautious about any potential impact from the surge of imported zinc in the spot market. Canadian miner Trevali more than tripled its payable zinc production in the first quarter of this year versus the same 2017 period. Output from major zinc mines in northern China returned to normal in April after environmental curbs over the winter led to high zinc concentrate imports in Q1.

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