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Home / Metal News / SHFE Zinc to Weaken (2016-8-2)

SHFE Zinc to Weaken (2016-8-2)

Aug 2, 2016 09:20

Source:SMM

US core PCE Price Index in June is expected to remain flat at May’s.

SHANGHAI, Aug. 2 (SMM) – US core PCE Price Index in June is expected to remain flat at May’s. The US dollar index will rise. LME zinc is expected to hover between USD 2,240-2,280/mt today. SHFE 1610 zinc should fluctuate between RMB 17,250-17,450/mt today, and spot #0 zinc prices will trade RMB 30-10/mt below SHFE 1609 zinc.

SHFE zinc prices

LME zinc prices

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