EPIC RESEARCH MCX ZINC UPDATE OF 18 MAY 2018

Zinc trading range for the day is 206.3-212.5. Zinc prices gained tracking LME prices on fresh buying with the uplift from encouraging Chinese home sales. Metals markets are moving into a new bull cycle that will be longer and shallower than the last, driven by rising inflation and dispersed demand growth. The United States and China launch trade talks in a bid to avert a damaging tariff war, with the White House's harshest China critic relegated to a supporting role.

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