EPIC RESEARCH MCX Zinc UPDATE OF 04 September 2018

Zinc trading range for the day is 172.9-178.9.

* Zinc recovered on short covering after prices remained under pressure as the US dollar strengthened amid expectations of further interest rate hikes.

* Stocks across the major markets of Shanghai, Tianjin, and Guangdong rose 4,000 mt.

* China’s manufacturing purchasing manager's index (PMI) beat expectations and July’s reading to stand at 51.3 for August.

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