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Friday 19 October 2018

EPIC RESEARCH MCX Zinc UPDATE OF 19 October 2018



Zinc trading range for the day is 196.6-203.2.

# Zinc gained as prices received some support from shrinking LME inventories.

# Chinese exporters are mostly confident they can weather a trade war with US, but worry about collateral damage it might cause throughout the global economy.

# Production cutbacks at China's zinc smelters in response to tighter environmental checks and weaker profits have tightened supply.



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