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Wednesday, 8 August 2018

EPIC RESEARCH MCX ZINC UPDATE OF 8 AUGUST 2018

Zinc trading range for the day is 177.7-182.7. Zinc gained as a rising yuan kept the dollar on the back foot and easing U.S.-China trade war concerns supported sentiment. China’s social inventory of zinc across Shanghai, Tianjin and Guangdong edged down as limited import arrivals failed to drive up overall stocks. pot zinc trades in the Shanghai market slowed from last Friday as buyers hesitated and sellers hardly lowered offers.

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