SMM Morning Review – 2012/8/28 Zinc Market-Shanghai Metals Market

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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. 
 

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.