EPIC RESEARCH MCX ZINC UPDATE OF 9 MAY 2018

Zinc trading range for the day is 201.8-212.4. Zinc dropped as prices seen under long liquidation as the effect of a strengthening dollar. Chinese imports and exports grew more strongly than expected in April, implying healthy demand and pushing prices higher in early trading. A flurry of data in coming weeks is expected to show China’s economy remained strong in April, underpinned by a pick-up in industrial output.

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