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Home / Metal News / SHFE Zinc to Meet Downward Pressure (2016-5-19)

SHFE Zinc to Meet Downward Pressure (2016-5-19)

May 19, 2016 09:10

Source:SMM

LME base metals opened low due to stronger US dollar index. LME zinc is expected to fluctuate between USD 1,860-1,890/mt today.

SHANGHAI, May 19 (SMM) – LME base metals opened low due to stronger US dollar index. LME zinc is expected to fluctuate between USD 1,860-1,890/mt today. SHFE 1607 zinc should fluctuate between RMB 14,900-15,100/mt today, and spot #0 zinc prices will trade RMB 40-0/mt below SHFE 1607 zinc.

Key Macroeconomic Indicators for Base Metal Prices (2016-5-19)

SHFE zinc prices

LME zinc prices

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