LME Zinc to Rise Further (2016-11-2)

Published: Nov 2, 2016 09:36

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ADP’s employment data for the US in October due for release today are expected to improve, allowing the US dollar index to stop falling.

SHANGHAI, Nov. 2 (SMM) –ADP’s employment data for the US in October due for release today are expected to improve, allowing the US dollar index to stop falling.

LME zinc will rise to USD 2,450-2,490/mt today, and SHFE 1701 zinc should hover between RMB 19,600-19,800/mt today, with spot premiums of RMB 40-70/mt against SHFE 1612 zinc.

Zinc

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