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SMM Zinc Market Morning Review (2013-4-1)

iconApr 1, 2013 09:07
Source:SMM
The LME market is closed today. Negative macroeconomic news continued to weigh on SHFE zinc contract prices.

SHANGHAI, Apr. 1 (SMM) – The LME market is closed today. Negative macroeconomic news continued to weigh on SHFE zinc contract prices. China will release its March PMI today, which is expected to be positive and boost the market. SHFE 1306 zinc contract prices should move between RMB 14,650-14,800/mt, with spot discounts between RMB 80-120/mt.

 

SHFE zinc contract prices

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