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SMM Zinc Price Forecast (Feb.4-Feb.8)
Feb 4, 2013 18:43Source:SMM
Euro zone reports of February interest rates and December retail sales will be released in the coming week.
SHANGHAI, Feb. 4 (SMM) – Euro zone reports of February interest rates and December retail sales will be released in the coming week. Given overall optimistic economic conditions, LME zinc prices are expected to challenge USD 2,200/mt, and SHFE 1305 zinc contract prices should move between RMB 16,200-16,500/mt. Transactions will be muted in the last trading week before the holiday, with spot discounts remaining between RMB 290-330/mt.
SHFE 1305 zinc contract prices
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