Zinc to Consolidate at Highs (2016-11-14)
SHANGHAI, Nov. 14 (SMM) – Value added at China’s large industrials in October, and consumer goods retail sales due for release this morning are expected to be upbeat.
LME zinc will move between USD 2,470-2,520/mt today, and SHFE 1701 zinc should fluctuate between RMB 20,400-20,900/mt today, with spot premiums of RMB 40-50/mt against SHFE 1701 zinc.
Zinc to Consolidate at Highs (2016-11-14)
SHANGHAI, Nov. 14 (SMM) – Value added at China’s large industrials in October, and consumer goods retail sales due for release this morning are expected to be upbeat.
LME zinc will move between USD 2,470-2,520/mt today, and SHFE 1701 zinc should fluctuate between RMB 20,400-20,900/mt today, with spot premiums of RMB 40-50/mt against SHFE 1701 zinc.
