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Wednesday 13 June 2018

EPIC RESEARCH MCX ZINC UPDATE OF 13 JUNE 2018

Zinc trading range for the day is 215.5-219.5. Zinc prices fell as investors awaited news from the U.S. Federal Reserve's policy meeting, at which it is expected to raise interest rates. Supply of zinc is set to grow in June as smelters underwent maintenance last month are scheduled to resume operations. China's trade surplus in May narrowed from April and came in at $24.9 billion, smaller than the expected $33.8 billion.

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