SHFE Zinc to Remain Range-Bound (2016-3-22)
Eurozone flash March PMI will be announced today.
SHANGHAI, Mar. 22 (SMM) – Eurozone flash March PMI will be announced today. LME zinc is expected to consolidate between USD 1,830-1,880/mt today. SHFE 1605 zinc will fluctuate between RMB 14,400-14,600/mt today.
Spot #0 zinc prices will trade RMB 150-110/mt below SHFE 1605 zinc contract prices.
Key Macroeconomic Indicators for Base Metal Prices (2016-3-22)
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.
