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Tuesday 3 July 2018

EPIC RESEARCH MCX ZINC UPDATE OF 3 JULY 2018

Zinc trading range for the day is 193.9-201.1. Zinc dropped as supply recovers after a year of deficit drove prices to decade highs and encouraged restarts. Growth in China's manufacturing sector slowed in June after a better-than-expected performance in May. China's top zinc smelters plan to cut zinc output by 10 percent after holding a meeting in Shaanxi province to address low zinc prices and treatment charges.

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