Home / Metal News / SHFE Zinc to Move Lower (2016-5-4)

SHFE Zinc to Move Lower (2016-5-4)

iconMay 4, 2016 09:37
Source:SMM
ADP’s April employment data for the US due for release today are promising.

SHANGHAI, May 4 (SMM) – ADP’s April employment data for the US due for release today are promising. The US dollar index may thus pick up further. LME zinc is expected to move between USD 1,860-1,910/mt today. SHFE 1607 zinc should fluctuate between RMB 15,050-15,250/mt today, and spot #0 zinc prices will trade RMB 40-10/mt below SHFE 1606 zinc.

Key Macroeconomic Indicators for Base Metal Prices (2016-5-4)


SHFE zinc prices
LME zinc prices

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

SMM Events & Webinars

All