SHANGHAI, Jan. 18 (SMM) – US December housing starts and construction permits due for release this evening are promising. The US dollar index will stabilize. LME zinc will move between USD 2,740-2,790/mt today, and SHFE 1703 zinc should fluctuate between RMB 22,400-22,700/mt today, with spot prices moving RMB 50/mt below or RMB 20/mt above SHFE 1703 zinc.
LME Zinc to Consolidate at Highs (2017-1-19)
US December housing starts and construction permits due for release this evening are promising.
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.
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