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Home / Metal News / Shanghai Zinc to Climb with LME Zinc (2016-3-3)

Shanghai Zinc to Climb with LME Zinc (2016-3-3)

Mar 3, 2016 09:14

Source:SMM

Stock and commodity markets rose as risk appetite grew.

SHANGHAI, Mar. 3 (SMM) – Stock and commodity markets rose as risk appetite grew. Investors are optimistic due to the NPC and CPPCC to be held today. LME zinc is expected to consolidate at highs between USD 1,800-1,830/mt today. SHFE 1605 zinc will rise slightly to RMB 14,300-14,500/mt today.

LME zinc prices

SHFE zinc prices

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SHFE 1605 zinc contract prices opened at RMB 14,360/mt on Thursday evening and closed at RMB 14,395/mt, up RMB 100/mt.

Mar 3, 2016 20:17

SMM Comments

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Jul 29, 2015 09:46

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SMM Comments

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SMM Comments

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Shanghai Zinc to Climb with LME Zinc (2016-3-3)

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