EPIC RESEARCH MCX ZINC UPDATE OF 31 JULY 2017

Zinc trading range for the day is 175.7-180.3. Zinc prices dropped as investors shifted from zinc after a build-up in zinc inventories indicated that shortages had eased. warrant LME zinc inventories jumped 17 percent to 146,125 tonnes, having more than doubled in a little over two weeks. Zinc inventories on the Shanghai Futures Exchange climbed 8.3 percent to 78,320 tonnes over the past week.

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