EPIC RESEARCH MCX Zinc UPDATE OF 23 August 2018

Zinc trading range for the day is 169.7-174.9.

* Zinc gained as funds cut bets on lower prices and the dollar retreated from recent highs while the market waited for talks on the U.S.-China trade dispute.

* The global zinc market saw a surplus of 3,000 tonnes in June from a deficit of 26,000 tonnes in May, data from the ILZSG showed.

* Deliverable zinc inventories in warehouses monitored by the Shanghai Futures Exchange (ShFE) fell 29.1 percent from the previous week, according to exchange data.

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