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.
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
For queries, please contact Michael Jiang at michaeljiang@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn