Zinc to Consolidate at Highs (2016-11-14)

Price Review & Forecast 09:47:10AM Nov 14, 2016 Source:SMM

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.

Key Words: zinc prices

Relative News

Price

1# Zinc

Jul.22

19300.0

-240.0

(-1.23%)

0# Zinc

Jul.22

19370.0

-240.0

(-1.22%)

T/C for domestic zinc concentrate

Jul.01

6325.0

-25.0

(-0.39%)

T/C for imported zinc concentrate

Jul.01

240.0

0.0

(0.00%)

Zinc Alloy (Zamak3/ZX01)

Jul.22

20270.0

-240.0

(-1.17%)

Zinc to Consolidate at Highs (2016-11-14)

Price Review & Forecast 09:47:10AM Nov 14, 2016 Source:SMM

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.

Key Words: zinc prices