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SMM Morning Review – 2012/6/5 Zinc Market
Shanghai, Jun. 5 (SMM) – LME market will be closed on Tuesday for Queen's Diamond Jubilee holiday, and so SHFE zinc market will track movements in domestic stocks markets. SMM expects SHFE zinc prices to rally, with prices between RMB 14,550-14,650/mt. The selling interest in the spot market will be limited, with spot discounts at RMB 50/mt.
SMM Morning Review – 2012/6/5 Zinc Market
Shanghai, Jun. 5 (SMM) – LME market will be closed on Tuesday for Queen's Diamond Jubilee holiday, and so SHFE zinc market will track movements in domestic stocks markets. SMM expects SHFE zinc prices to rally, with prices between RMB 14,550-14,650/mt. The selling interest in the spot market will be limited, with spot discounts at RMB 50/mt.
