EPIC RESEARCH MCX ZINC UPDATE OF 17 July 2018

Zinc trading range for the day is 166.2-180.

* Zinc prices dropped amid expectation that inventories to edge up in the week in anticipation of inflows of imported materials.

* Zinc social inventory in Shanghai, Guangdong and Tianjin fell 1,400 mt over the weekend to 97,900 mt as of Monday July 16 amid limited arrivals.

* Some 2,100 mt of drop in stocks in Shanghai contributed to the overall decline. Inventories grew 300 mt each in Guangdong and Tianjin from last Friday.

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