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Home / Metal News / SHFE Zinc to Remain Range-Bound (2016-3-14)

SHFE Zinc to Remain Range-Bound (2016-3-14)

iconMar 14, 2016 10:01
Source:SMM
China’s consumer goods retail sales and fixed asset investment in cities and towns both slid, depressing market sentiment.

SHANGHAI, Mar. 14 (SMM) – China’s consumer goods retail sales and fixed asset investment in cities and towns both slid, depressing market sentiment. LME zinc is expected to consolidate between USD 1,760-1,810/mt today. SHFE 1605 zinc will fluctuate between RMB 14,100-14,300/mt today.

Spot #0 zinc prices will trade RMB 130-160/mt below SHFE 1605 zinc contract prices.

Key Macroeconomic Indicators for Base Metal Prices (2016-3-14)


zinc prices
SHFE zinc prices
LME zinc prices

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