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Thursday 3 January 2019

EPIC RESEARCH MCX Zinc UPDATE OF 3 January 2019


Zinc trading range for the day is 166.5-174.3.

* Zinc prices dropped amid weak manufacturing data across major economies grew concerns about slower global growth.

* China's manufacturing sector is expected to have contracted for the first time in more than two years in December, reinforcing a deteriorating economic outlook.

* An economic slowdown and ongoing trade tension with the US lowered manufacturing activity in China in December, the first since July 2016.


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