LME Zinc to Remain Strong (2016-11-4)

Published: Nov 4, 2016 09:45
US October non-farm employment data are expected to improve.

SHANGHAI, Nov. 4 (SMM) – US October non-farm employment data are expected to improve. The US dollar index will stop falling. LME zinc will rebound to USD 2,460-2,510/mt today, and SHFE 1701 zinc should fluctuate between RMB 19,750-20,050/mt today, with spot premiums of RMB 50-80/mt against SHFE 1612 zinc.

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LME Zinc to Remain Strong (2016-11-4) - Shanghai Metals Market (SMM)