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Home / Metal News / SMM Morning Review - 2010/8/27 Zinc Market

SMM Morning Review - 2010/8/27 Zinc Market

Aug 27, 2010 09:50

SHANGHAI, Aug. 27 (SMM) -- The US government announced on August 21st that the initial jobless claims fell to 473,000 last week, lower than the prediction of 490,000. Meanwhile, the US dollar weakened again last night, with the index even falling to 82.63. In response, LME zinc prices advanced to break the USD 2,000/mt mark, with prices moving between USD 2,020-2,050/mt. LME zinc prices finally closed at USD 2,060/mt, up USD 70/mt.

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SMM Morning Review - 2010/8/27 Zinc Market

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