Zinc to Rise Further Next Week, SMM Predicts

SMM Insight 06:08:50PM Nov 11, 2016 Source:SMM

SHANGHAI, Nov. 11 (SMM) - LME Zinc is expected to rebound next week and move between $2,500-2,600 per tonne, SMM predicts.

SHFE January zinc will fluctuate between 20,000-21,00 yuan per tonne. 

Good macroeconomic indicators and market expectations of Chinese yuan’s devaluation will bolster base metals, SMM said. 

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn. 

Zinc to Rise Further Next Week, SMM Predicts

SMM Insight 06:08:50PM Nov 11, 2016 Source:SMM

SHANGHAI, Nov. 11 (SMM) - LME Zinc is expected to rebound next week and move between $2,500-2,600 per tonne, SMM predicts.

SHFE January zinc will fluctuate between 20,000-21,00 yuan per tonne. 

Good macroeconomic indicators and market expectations of Chinese yuan’s devaluation will bolster base metals, SMM said. 

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.