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Home / Metal News / SHFE Zinc to Hover in Tight Range (2016-6-28)

SHFE Zinc to Hover in Tight Range (2016-6-28)

Jun 28, 2016 09:16

Source:SMM

European Central Bank held a meeting on the Brexit issue.

SHANGHAI, Jun. 28 (SMM) – European Central Bank held a meeting on the Brexit issue.The US dollar index remained high, weighing on base metals. LME zinc is expected to move between USD 1,980-2,020/mt today. SHFE 1608 zinc should consolidate at RMB 15,500-15,700/mt today, and spot #0 zinc prices will trade RMB 20/mt below or RMB 10/mt above SHFE 1608 zinc.

Key Macroeconomic Indicators for Base Metal Prices (2016-6-28)

SHFE zinc prices

LME zinc prices

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SHFE Zinc to Hover in Tight Range (2016-6-28)

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