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Thursday, 9 August 2018

EPIC RESEARCH MCX ZINC UPDATE OF 9 AUGUST 2018

Zinc trading range for the day is 179.3-182.9. Zinc gained as prices seen supported as market sentiment improved on faster-than-expected growth in China’s imports and exports. The U.S. Trade Representative’s office said the U.S. would begin collecting 25 percent tariffs on another $16 billion in Chinese goods later this month. China's foreign exchange reserves increased in July, figures from People's Bank of China showed.

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