SHFE Zinc to Fluctuate Widely (2016-5-9)-Shanghai Metals Market

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Home > News > Price Review & Forecast > SHFE Zinc to Fluctuate Widely (2016-5-9)

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SHFE Zinc to Fluctuate Widely (2016-5-9)

Price Review & Forecast 10:04:55AM May 09, 2016 Source:SMM

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)

Key Words: SHFE zinc prices LME zinc prices

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SHFE Zinc to Fluctuate Widely (2016-5-9)

Price Review & Forecast 10:04:55AM May 09, 2016 Source:SMM

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)

Key Words: SHFE zinc prices LME zinc prices