Home / Metal News / Copper / SMM Zinc Price Forecast May 2-3, 2013
SMM Zinc Price Forecast May 2-3, 2013
Apr 28,2013 16:47CST
price review forecast
Source:SMM
A number of economic reports from Europe and the US will be released in the coming week.

SHANGHAI, Apr. 28 (SMM) – A number of economic reports from Europe and the US will be released in the coming week, along with growing expectations that the ECB will loosen monetary policies. The market will lack Chinese investors due to the three-day Labor Day holiday in China. LME zinc prices will lack upward momentum and remain largely between USD 1,890-1,950/mt. SHFE 1308 zinc contract will become the most actively traded contract, but with prices meeting resistance at RMB 14,955/mt, leaving prices between RMB 14,700-14,950/mt and with spot discounts of  RMB 120-140/mt.
 

zinc price

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news