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SHFE Zinc to Consolidate in Narrow Range (2016-5-25)
May 25,2016 09:41CST
price review forecast
Source:SMM
API crude oil inventories for the US released today dropped sharply, driving up oil prices toward USD 50/mt.

SHANGHAI, May 25 (SMM) –API crude oil inventories for the US released today dropped sharply, driving up oil prices toward USD 50/mt. LME zinc is expected to hover between USD 1,800-1,850/mt today. SHFE 1607 zinc should fluctuate between RMB 14,500-14,700/mt today, and spot #0 zinc prices will trade RMB 30/mt above SHFE 1607 zinc.

Key Macroeconomic Indicators for Base Metal Prices (2016-5-25)


SHFE zinc prices
LME zinc prices

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