SHFE Zinc to Remain Range-Bound (2016-8-15)-Shanghai Metals Market

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SHFE Zinc to Remain Range-Bound (2016-8-15)

Price Review & Forecast 09:36:18AM Aug 15, 2016 Source:SMM

SHANGHAI, Aug. 15 (SMM) – LME zinc is expected to move between 2,230-2,260/mt today. SHFE 1610 zinc should fluctuate between RMB 17,150-17,400/mt today, and spot #0 zinc prices will trade RMB 50-20/mt below SHFE 1610 zinc. 


SHFE Zinc to Remain Range-Bound (2016-8-15)

Price Review & Forecast 09:36:18AM Aug 15, 2016 Source:SMM

SHANGHAI, Aug. 15 (SMM) – LME zinc is expected to move between 2,230-2,260/mt today. SHFE 1610 zinc should fluctuate between RMB 17,150-17,400/mt today, and spot #0 zinc prices will trade RMB 50-20/mt below SHFE 1610 zinc.