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Tuesday 5 June 2018

EPIC RESEARCH MCX ZINC UPDATE OF 5 JUNE 2018

Zinc trading range for the day is 204.2-214. Zinc prices gained tracking firmness in LME prices as the US dollar weakened. Social inventories of zinc as of Monday June 4 increased 3,800 mt and stood at 122,100 mt across Shanghai, Guangdong and Tianjin. A rise of 4,800 mt across Shanghai's warehouses and more deliveries of imported zinc during the weekend accounted for the increase.

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