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SMM Morning Review - 2011/8/15 Zinc Market
Aug 15,2011 09:56CST
smm insight
Source:SMM
LME base metals prices generally closed with declines last Friday due to market pessimism.

SHANGHAI, Aug. 15 (SMM)--LME base metals prices generally closed with declines last Friday due to market pessimism. The US dollar index moved between 74.4-74.9, and LME zinc prices failed to break through USD 2,200/mt, with prices finally closing at USD 2,181/mt, down USD 16/mt. SHFE three-month zinc contract prices are expected to move between RMB 16,900-17,200/mt today, and with spot discounts between negative RMB 150-180/mt due to goods supply shortages.

 

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LME zinc prices

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