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Wednesday 11 April 2018

EPIC RESEARCH MCX ZINC UPDATE OF 11 APRIL 2018

Zinc trading range for the day is 208.9-212.7. Zinc gained as support seen after Chinese President Xi Jinping promised foreign companies greater access to China’s financial and manufacturing sectors. Monday April 2 and stood at 212,900 mt. Operating rates of Chinese zinc smelters are likely to dip further in April, following a 2.14-percentage-point month-on-month drop in March.

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