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Thursday 31 May 2018

EPIC RESEARCH MCX ZINC UPDATE OF 31 MAY 2018

Zinc trading range for the day is 203.8-216.8. Zinc prices remained supported on-warrant zinc stocks in LME warehouses eased to 195,225 tonnes, their lowest in a month. Chinese state media criticised a U.S. announcement that it would press ahead with restrictions on investment by Chinese companies, saying that Beijing was ready to fight back. China warned that it was ready to fight back if Washington was looking for a trade war.

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