EPIC RESEARCH MCX ZINC UPDATE OF 08 SEPTEMBER 2017

Zinc trading range for the day is 195.1-203.7.Zinc prices gains tracking 2.01 percent gains in LME prices due to weaker dollar on receding expectations of an imminent rise in interest rates.US zinc imports were 22,083,904 kg in July, lower than 28,287,566 kg in June and exports were 5,628,533 kg, compared to 7,878,751 kg in June.Net long positions on LME zinc held by fund managers grew in the week ended September 1, according to LME report.


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