SMM Morning Review – 2012/8/28 Zinc Market

Price Review & Forecast 10:18:58AM Aug 28, 2012 Source:SMM

SHANGHAI, Aug. 28 (SMM) – LME zinc market is expected to test USD 1,850/mt after resuming trading, with prices between USD 1,850-1,870/mt. SHFE three-month zinc prices will hover at highs on Tuesday, with prices between RMB 14,700-14,850/mt. Spot discounts are expected to be RMB 50-70/mt.

Key Words: LME zinc market SHFE three-month zinc prices

Relative News

Price

#1 Refined Cu

Nov.15

46935.0

-90.0

(-0.19%)

Standard-Grade Copper

Nov.15

46925.0

-90.0

(-0.19%)

High-Grade Copper

Nov.15

46955.0

-80.0

(-0.17%)

Guixi Copper

Nov.15

46965.0

-75.0

(-0.16%)

Low-Quality Copper

Nov.15

46870.0

-90.0

(-0.19%)

SMM Morning Review – 2012/8/28 Zinc Market

Price Review & Forecast 10:18:58AM Aug 28, 2012 Source:SMM

Key Words: LME zinc market SHFE three-month zinc prices