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LME Zinc to Rebound Next Week, SMM Says

iconAug 26, 2016 15:44
Source:SMM
LME zinc is expected to rebound to $2,280-2,360 next week, SMM predicts.

SHANGHAI, Aug. 26 (SMM) - LME zinc is expected to rebound to $2,280-2,360 next week, SMM predicts.

Spot supply tightness helped spot prices turn above futures, and this should provide impetus to zinc price, SMM says.

SHFE October zinc will strengthen to 17,500-18,200 yuan per tonne, SMM added, with spot premiums of 80-120 yuan per tonne.

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