EPIC RESEARCH MCX Zinc UPDATE OF 03 September 2018

Posted by Commodity Updates by Epic Research on 13:02:00 with No comments

Zinc trading range for the day is 172.2-181.8.

* Zinc settled flat amid a small growth in Chinese economic activity and persisting trade disputes with the US.

* Growth in China’s services industry picked up in August after dipping the previous month, an official survey showed, offering some cushion for the slowing economy.

* Zinc stocks across Shanghai bonded areas slumped 22,000 mt from a week ago to 99,000 mt as of Friday August 31, data showed.

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