SHFE Zinc to Fluctuate Widely (2016-5-9)
SHANGHAI, May 9 (SMM) – China’s imports and exports data both fell short of market expectations in April and March’s. LME zinc is expected to move between USD 1,850-1,890/mt today. SHFE 1607 zinc should fluctuate between RMB 14,850-15,100/mt today, and spot #0 zinc prices will trade RMB 70-10/mt below SHFE 1607 zinc.
Key Macroeconomic Indicators for Base Metal Prices (2016-5-9)
SHFE Zinc to Fluctuate Widely (2016-5-9)
SHANGHAI, May 9 (SMM) – China’s imports and exports data both fell short of market expectations in April and March’s. LME zinc is expected to move between USD 1,850-1,890/mt today. SHFE 1607 zinc should fluctuate between RMB 14,850-15,100/mt today, and spot #0 zinc prices will trade RMB 70-10/mt below SHFE 1607 zinc.
Key Macroeconomic Indicators for Base Metal Prices (2016-5-9)
