Shanghai Zinc to See Uptick (2016-2-25)-Shanghai Metals Market

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Shanghai Zinc to See Uptick (2016-2-25)

Price Review & Forecast 09:26:08AM Feb 25, 2016 Source:SMM

SHANGHAI, Feb. 25 (SMM) – Eurozone CPI and US durable goods orders in January will be released today. LME zinc is expected to rise to USD 1,770-1,800/mt today. SHFE 1604 zinc will climb to RMB 13,950-14,350/mt today.

Spot #0 zinc prices will trade RMB 160-100/mt below SHFE 1604 zinc contract prices.

Key Macroeconomic Indicators for Base Metal Prices (2016-2-25)


Shanghai Zinc to See Uptick (2016-2-25)

Price Review & Forecast 09:26:08AM Feb 25, 2016 Source:SMM

SHANGHAI, Feb. 25 (SMM) – Eurozone CPI and US durable goods orders in January will be released today. LME zinc is expected to rise to USD 1,770-1,800/mt today. SHFE 1604 zinc will climb to RMB 13,950-14,350/mt today.

Spot #0 zinc prices will trade RMB 160-100/mt below SHFE 1604 zinc contract prices.

Key Macroeconomic Indicators for Base Metal Prices (2016-2-25)