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LME Zinc to Consolidate at Highs (2017-1-19)

iconJan 19, 2017 09:03
Source:SMM
US December housing starts and construction permits due for release this evening are promising.

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 prices
SHFE zinc prices
zinc prices

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