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SHFE Zinc to Advance (2016-7-7)

iconJul 7, 2016 09:47
Source:SMM
Onshore yuan depreciated and closed at 6.69 overnight.

SHANGHAI, Jul. 7 (SMM) – Onshore yuan depreciated and closed at 6.69 overnight. LME zinc is expected to move between USD 2,080-2,120/mt today. SHFE 1609 zinc should strengthen to RMB 16,200-16,600/mt today, and spot #0 zinc prices will trade RMB 50-10/mt below SHFE 1608 zinc.

Key Macroeconomic Indicators for Base Metal Prices (2016-7-7)


SHFE zinc prices
LME zinc prices

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