SHFE Zinc to Stabilize (2016-5-26)-Shanghai Metals Market

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SHFE Zinc to Stabilize (2016-5-26)

Price Review & Forecast 09:57:14AM May 26, 2016 Source:SMM

SHANGHAI, May 26 (SMM) – The G7 Summit will open today, and the market will watch on exchange market risk. LME zinc is expected to hover between USD 1,820-1,850/mt today. SHFE 1607 zinc should stabilize at RMB 14,550-14,750/mt today, and spot #0 zinc prices will trade RMB 10-50/mt above SHFE 1607 zinc.

Key Macroeconomic Indicators for Base Metal Prices (2016-5-26)


SHFE Zinc to Stabilize (2016-5-26)

Price Review & Forecast 09:57:14AM May 26, 2016 Source:SMM

SHANGHAI, May 26 (SMM) – The G7 Summit will open today, and the market will watch on exchange market risk. LME zinc is expected to hover between USD 1,820-1,850/mt today. SHFE 1607 zinc should stabilize at RMB 14,550-14,750/mt today, and spot #0 zinc prices will trade RMB 10-50/mt above SHFE 1607 zinc.

Key Macroeconomic Indicators for Base Metal Prices (2016-5-26)