SHFE Zinc to Meet Pressure from RMB 1,900/mt (2016-4-14)
UK is expected to left interest rate unchanged today.
SHANGHAI, Apr. 14 (SMM) – UK is expected to left interest rate unchanged today. LME zinc is expected to move between USD 1,870-1,900/mt today. SHFE 1606 zinc should fluctuate between RMB 14,800-15,200/mt today, and spot #0 zinc prices will trade RMB 100-50/mt below SHFE 1606 zinc.
Key Macroeconomic Indicators for Base Metal Prices (2016-4-14)
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.
