Friday 1 September 2017

EPIC RESEARCH MCX ZINC UPDATE OF 01 SEPTEMBER 2017

Zinc trading range for the day is 196.2-205. Zinc gained after an acceleration in Chinese manufacturing boosted the outlook for demand in the world’s top metals consumer.The Caixin manufacturing PMI jumped in August to 51.6, beating a 50.9 level expected, data showed, showing the fastest pace of new orders in three years. Second-quarter growth and private-sector employment were strong, while consumer spending disappointed and inflation slowed.

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