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Tuesday, 26 April 2016

EPIC RESEARCH MCX ZINC UPDATE OF 26 APRIL 2016

Zinc trading range for the day is 122.7-128.3.    
Zinc prices ended with losses due to profit taking, weaker stock markets and falling oil prices are all putting pressure on the metals.       
Global demand is expected to increase by 1%, slightly improving from a 0.7% increase in 2015, according to ILZSG.       
Zinc daily stocks at Shanghai exchange came down by 3144 tonnes.

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