SMM Morning Review - 2012/5/4 Zinc Market_SMM

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Home / Metal News / Copper / SMM Morning Review - 2012/5/4 Zinc Market

SMM Morning Review - 2012/5/4 Zinc Market

May 4,2012 09:41

CST

smm insight

Source:SMM

LME zinc prices inched down due to negative data from US service sector.

SHANGHAI, May 4 (SMM) – Growth in US non-manufacturing sector in April is slower than expected. ISM released PMI was 53.5 in April, lower than 56.0 in March, and compared to 55.5 expected. LME zinc prices inched down due to negative data from US service sector, falling below USD 2,000/mt. Finally, LME zinc prices closed at USD 1,992.5/mt, down USD 34.5/mt.

LME zinc prices

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