EPIC RESEARCH MCX Zinc UPDATE OF 2 August 2018

Zinc trading range for the day is 171.5-182.5.

Zinc dropped weighed down by a stronger dollar and after growth in China's manufacturing sector cooled for a second month.

Investors fear an escalating trade war between US and China could hit global growth, and prominent U.S. business groups have condemned Trump's aggressive tariffs.

Weak consumption in the low season shrank spot zinc premiums in the Shanghai market.

Warehouse stock for Zinc at LME was at 238125mt that is down by -2000mt.

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