SHFE Zinc to Strengthen (2016-8-17)

Aug 17, 2016 09:28

The Shenzhen-Hong Kong stock link plan was approved, allowing the Shanghai Composite Index to rebound and boosting risk appetite.

SHANGHAI, Aug. 17 (SMM) – The Shenzhen-Hong Kong stock link plan was approved, allowing the Shanghai Composite Index to rebound and boosting risk appetite. LME zinc is expected to move between 2,240-2,270/mt today. SHFE 1610 zinc should fluctuate between RMB 17,250-17,400/mt today, and spot #0 zinc prices will trade RMB 30-10/mt below SHFE 1610 zinc.

SHFE zinc prices

LME zinc prices

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SHFE Zinc to Strengthen (2016-8-17)

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