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Monday 21 May 2018

EPIC RESEARCH MCX ZINC UPDATE OF 21 MAY 2018

Zinc trading range for the day is 208.9-212.5. Zinc prices gained as support seen after zinc inventory dips on smelters maintenance in north China. China’s Zinc production went up 4.8 percent year-on-year in April at 481,000 tonnes. Zinc social inventories dipped as maintenance works at smelters in north China limited deliveries to warehouses.

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