Shanghai Zinc to Edge up (2016-2-2)

Published: Feb 2, 2016 10:13

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The market will lack solid macroeconomic news today.

SHANGHAI, Feb. 2 (SMM) – The market will lack solid macroeconomic news today.LME zinc is expected to move between USD 1,640-1,670/mt today. SHFE 1604 zinc will rise to RMB 13,250-13,450/mt today.

See forecast for other base metals, please click: Waning Spot Trades to Weigh on SHFE Base Metal Prices, SMM Says

Spot #0 zinc prices will trade RMB 150-50/mt below SHFE 1603 zinc contract prices.

Key Macroeconomic Indicators for Base Metal Prices (2016-2-2)

SHFE zinc prices LME zinc prices

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