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

Hot Keywords

  • Zinc
  • Aluminium
  • Copper scrap
  • Copper
  • Nickel
  • price forecast
  • Market commentary
  • Lead
  • MMi Iron Ore Port Index
  • Evening comments
  • Alumina
  • Stainless steel
  • Futures movement
  • Steel
  • Morning comments

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)


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)