EPIC RESEARCH MCX ZINC UPDATE OF 12 MAY 2017

Zinc trading range for the day is 163.5-171.5. Zinc dropped tracking LME zinc finished 0.4 percent lower as Surveys of manufacturers showed activity slowed in April . Industrial output is expected to rise 7.1 percent in April, slowing from 7.6 percent in March when it rose the fastest on a yearly basis since December 2014. Fixed asset investment probably stayed relatively stable at 9.1 percent in April, from 9.2 percent in March.




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