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SMM Morning Review - 2011/11/9 Zinc Market
Nov 9,2011 09:30CST
price review forecast
Source:SMM
LME zinc prices overnight fluctuated between USD 1,940-1,960/mt tracking SHFE zinc prices.

SHANGHAI, Nov. 9 (SMM) – LME zinc prices overnight fluctuated between USD 1,940-1,960/mt tracking SHFE zinc prices. As Italy's new budget bill was approved, LME zinc prices edged up to USD 1,995/mt, closing at USD 970/mt, up USD 12/mt. LME zinc prices should break through USD 2,000/mt level today. SHFE three-month zinc contract prices should rise to move between RMB 15,250-15,550/mt, with prices RMB 0-50/mt below or RMB 0-50/mt higher than SHFE 1201 zinc contract prices.
 

LME zinc prices

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