SHFE Zinc to Strengthen (2016-4-18)

Published: Apr 18, 2016 09:32

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The meeting on crude oil free issue in Doha failed to reach an agreement.

SHANGHAI, Apr. 18 (SMM) – The meeting on crude oil free issue in Doha failed to reach an agreement. Crude oil plunged by around 6% after opening during Asian trading hours. LME zinc is expected to move between USD 1,850-1,900/mt today. SHFE 1606 zinc should fluctuate between RMB 14,800-15,150/mt today, and spot #0 zinc prices will trade RMB 80-50/mt below SHFE 1606 zinc.

Key Macroeconomic Indicators for Base Metal Prices (2016-4-18)

SHFE zinc prices LME zinc prices

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