LME Zinc to Strengthen Further (2016-11-9)

Published: Nov 9, 2016 09:28

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China’s annualized October CPI and PPI slated for release today are promising.

SHANGHAI, Nov. 9 (SMM) – China’s annualized October CPI and PPI slated for release today are promising. US presidential result will also be anno9unced today. Hilary is expected to win the election, so risk appetite will improve. LME zinc will move between USD 2,460-2,510/mt today, and SHFE 1701 zinc should fluctuate between RMB 19,900-20,400/mt today, with spot premiums of RMB 50-70/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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