EPIC RESEARCH MCX Zinc UPDATE OF 31 July 2018

Zinc trading range for the day is 175-181.2.

* Zinc dropped as investors focused instead on a raft of economic reports that may indicate slowing growth in top metals consumer China.

* Zinc social inventory in Shanghai, Guangdong, and Tianjin rose as arrivals from smelters and downstream consumers’ weak buying interest.

* Profits at China’s industrial companies in June rose 20% from a year earlier, slightly retreating from the 21.1% gain in May.


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