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Friday 7 September 2018

EPIC RESEARCH MCX Zinc UPDATE OF 07 September 2018

Zinc trading range for the day is 173.7-180.3.

* Zinc gains as a subdued greenback aided gains offsetting some concerns over the threat of a ramp up in the U.S. China trade war

* Resumption after maintenance raised output of refined zinc across Chinese smelters to 418,700 mt in August, up 2.52% from July, but down 6.11% from a year ago.

* Total output in the first eight months of the year gained 0.66% on the year and stood at 3.52 million mt.

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