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SHFE Zinc to Consolidate at Highs (2016-9-2)

iconSep 2, 2016 09:14
US August non-farm employment due for release today are not pessimistic.

SHANGHAI, Sep. 2 (SMM) – US August non-farm employment due for release today are not pessimistic. LME zinc will remain strong at USD 2,320-2,350/mt today, and SHFE 1611 zinc should fluctuate between RMB 18,250-18,450/mt today, and spot #0 zinc prices will trade RMB 30-60/mt above SHFE 1610 zinc. 


LME zinc prices
SHFE zinc prices
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