SHFE Zinc to Remain Range-Bound (2016-3-23)-Shanghai Metals Market

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SHFE Zinc to Remain Range-Bound (2016-3-23)

Price Review & Forecast 09:09:48AM Mar 23, 2016 Source:SMM

SHANGHAI, Mar. 23 (SMM) – LME zinc posted five-day win streak, and is expected to consolidate between USD 1,840-1,880/mt today. SHFE 1605 zinc will fluctuate between RMB 14,300-14,500/mt today.

Spot #0 zinc prices will trade RMB 140-100/mt below SHFE 1605 zinc contract prices.

Key Macroeconomic Indicators for Base Metal Prices (2016-3-23)


SHFE Zinc to Remain Range-Bound (2016-3-23)

Price Review & Forecast 09:09:48AM Mar 23, 2016 Source:SMM

SHANGHAI, Mar. 23 (SMM) – LME zinc posted five-day win streak, and is expected to consolidate between USD 1,840-1,880/mt today. SHFE 1605 zinc will fluctuate between RMB 14,300-14,500/mt today.

Spot #0 zinc prices will trade RMB 140-100/mt below SHFE 1605 zinc contract prices.

Key Macroeconomic Indicators for Base Metal Prices (2016-3-23)