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Wednesday 27 September 2017

EPIC RESEARCH MCX ZINC UPDATE OF 27 SEPTEMBER 2017

Zinc trading range for the day is 201.7-211.1.Zinc prices pared gains on profit booking as China's economic growth likely slipped in the third quarter.Tight supplies of immediately available metal raised the premium of cash zinc to the three-month contract to its highest since 2007 at $66.On-warrant stocks of zinc available to the market in LME-registered warehouses have fallen by more than 50 percent this year.

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