EPIC RESEARCH MCX ZINC UPDATE OF 23 OCTOBER 2017

Zinc trading range for the day is 201.1-209.5. Zinc prices ended with gains on an optimism demand will grow in top consumer China. Prices also seen supported after Chinese steel prices surged more than 4 percent on expectations of more production cuts. An increase in warehouse inventories is likely to put pressure on zinc prices, but the metal is still above the $3000-per-tonne mark.

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