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SMM Morning Review - 2012/6/6 Zinc Market

iconJun 6, 2012 10:01
Major economic data from Europe and US released yesterday was poor, while negative news was reported from the G7 meeting, causing market concerns.

SHANGHAI, Jun. 6 (SMM) – Major economic data from Europe and US released yesterday was poor, while negative news was reported from the G7 meeting, causing market concerns. LME zinc prices should fluctuate between USD 1,860-1,890/mt upon reopening, and SHFE three-month zinc contract prices should gave back gains and move between RMB 14,550-14,750/mt today, with discounts between RMB 30-80/mt.
 

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