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Monday, 17 September 2018

EPIC RESEARCH MCX Zinc UPDATE OF 17 September 2018

Zinc trading range for the day is 163.2-171.8.

* Zinc dropped tracking weakness in LME prices finished down 1.1 percent amid continued trade disagreements between the United States and China.

* China reported better-than-expected industrial output and retail sales, although a key investment gauge fell to a record-low.

* China's growth looks set to cool further in coming months, with a barrage of August economic data doing little to dispel views that domestic demand is softening.

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