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Friday, 20 April 2018

EPIC RESEARCH MCX ZINC UPDATE OF 20 APRIL 2018

Zinc trading range for the day is 207.7-219.1. Zinc dropped tracking weakness in aluminium and nickel prices as China's stainless steel market remained oversupplied. China will ban the imports of 16 more scrap metal and chemical waste products from the end of this year, the environment ministry said. China's ban on 16 scrap metals, chemical waste likely to have little impact on zinc market.

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