SMM Morning Review - 2012/5/4 Zinc Market-Shanghai Metals Market

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SMM Morning Review - 2012/5/4 Zinc Market

SMM Insight 09:41:30AM May 04, 2012 Source:SMM

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.
 

Key Words:  LME zinc prices 

SMM Morning Review - 2012/5/4 Zinc Market

SMM Insight 09:41:30AM May 04, 2012 Source:SMM

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.
 

Key Words:  LME zinc prices