Home / Metal News / Copper / SMM Morning Review - 2010/9/1 Zinc Market
SMM Morning Review - 2010/9/1 Zinc Market
Sep 1,2010 10:04CST
smm insight
Source:SMM

SHANGHAI, Sept. 1 (SMM) -- LME zinc prices opened slightly higher at USD 2,110/mt yesterday. The US dollar strengthened to 83.342 during the Asian trading period, dragging down LME zinc prices to USD 2,059/mt. The US consumer confidence index released last night rose to 53.5, stronger than previous prediction of 51.0. This news boosted the US stocks and base metals prices, with Dow Jones Industrial Average soaring to 10,073.32 points and base metals prices reversing previous losses. In response, LME zinc prices rose to USD 2,110/mt, and finally closed at USD 2,075/mt, down USD 10/mt.                

 

Copyright © SMM. All Rights Reserved

None of this material may be used for any commercial or public use in any forms or means, without the prior written consent of SMM. For reproduction issue, please contact us by email: service.en@smm.cn

zinc price
zinc Zn

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news