EPIC RESEARCH MCX Zinc UPDATE OF 31 AUGUST 2018

Zinc trading range for the day is 170.4-180.6.

Zinc dropped as the US dollar rebounded on its robust personal consumption expenditures (PCE) price index for July

Available products in Guangdong were also tight, with limited arrivals from smelters.

In anticipation of higher zinc prices, smelters did not hurry to destock, given current low inventories of zinc ingots.


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