SHFE Zinc to Hover at Highs (2016-10-20)

Published: Oct 20, 2016 09:20

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The European Central Bank is expected to leave interest rate unchanged, and will decide whether to prolong quantitative easing policy in late December.

SHANGHAI, Oct. 20 (SMM) – The European Central Bank is expected to leave interest rate unchanged, and will decide whether to prolong quantitative easing policy in late December. LME zinc will fluctuate between USD 2,300-2,330/mt today, and SHFE 1612 zinc should hover between RMB 18,100-18,300/mt today, with spot premiums of RMB 120-150/mt against SHFE 1612 zinc.

Zinc

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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