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