SMM Weekly Forecast on China Zinc Metal Market

May 21, 2012 18:00

Zinc prices fell sharply last week due to political instability in Greece, which will continue to dominate market confidence in the coming week.

SHANGHAI, May 21 (SMM) -- Zinc prices fell sharply last week due to political instability in Greece, which will continue to dominate market confidence in the coming week. The US dollar index should move between 81-82. LME zinc prices should move between USD 1,880-1,920/mt, while SHFE three-month zinc contract prices should move between RMB 14,700-15,000/mt, with spot prices closer to SHFE zinc prices.

Zinc prices

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SMM Weekly Forecast on China Zinc Metal Market

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