EPIC RESEARCH MCX ZINC UPDATE OF 18 JULY 2018

Zinc trading range for the day is 169.1-176.7. Zinc recovered on short covering after prices remained under pressure amid worries over Washington-Beijing trade war curbing demand. China's economy expanded at a slower pace in the second quarter as Beijing's efforts to contain debt hurt activity. Zinc social inventory in Shanghai, Guangdong and Tianjin fell 1,400 mt over the weekend to 97,900 mt amid limited arrivals.

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