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Friday 20 July 2018

EPIC RESEARCH MCX ZINC UPDATE OF 20 JULY 2018


Zinc trading range for the day is 170.8-185.4. Zinc prices dropped as another broad sell-off in industrial metals took hold. Prices earlier seen supported amid report that China plans to boost liquidity in the banking sector, and was underpinned by falling inventories and a weaker yuan. China June zinc output -5 pct y/y at 475,000 tonnes, the National Bureau of Statistics said.

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