Zinc to See Range-Bound Trading Next Week, SMM Says

Published: Oct 14, 2016 13:00

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LME zinc is expected to look for support from $2,200 per tonne in the coming week, fluctuating between $2,200-2,280 per tonne, SMM says.

SHANGHAI, Oct. 14 (SMM) - LME zinc is expected to look for support from $2,200 per tonne in the coming week, fluctuating between $2,200-2,280 per tonne, SMM says.

SHFE December zinc will move between 17,400-18,000 yuan per tonne, with spot premiums of 100-140 yuan per tonne, SMM added.

Market will see mixed news. Overseas mines will restart production, but macroeconomic news from China are promising.

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LME zinc SHFE zinc zinc prices

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