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SMM Morning Review - 2011/9/13 Zinc Market
Sep 13,2011 10:04CST
price review forecast
Source:SMM
LME zinc prices slid due to rising US dollar index last Friday, to USD 2,200/mt level.

SHANGHAI, Sept. 13 (SMM)--LME zinc prices slid due to rising US dollar index last Friday, to USD 2,200/mt level. As SHFE market was closed due to the Mid-Autumn Day festival, LME zinc prices further fell below USD 2,200/mt. As China’s investors may buy government bonds of the Europe, the euro rebounded, pushing up LME zinc prices to close at USD 2,213/mt. SHFE three-month zinc contract prices should fluctuate between RMB 16,950-17,250/mt, with discounts between negative RMB 200-300/mt.
 

LME zinc prices

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