EPIC RESEARCH MCX NICKEL UPDATE OF 29 JUNE 2018

Zinc trading range for the day is 196.9-207.5. Zinc prices gained as support seen after China zinc smelters plan to cut output by 10 pct. Australia's New Century Resources is on track to turn a giant tailings dam into the world's fifth-biggest source of zinc as it defies doubters to make its first shipment in August. The premium of cash zinc over three months zinc above $49 a tonne held near Friday's $59.50, the highest since October last year.

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