Zinc to Consolidate at Highs (2016-11-14)-Shanghai Metals Market

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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 

Price

more
1# Zinc
Apr.24
21690.0
-160.0
(-0.73%)
0# Zinc
Apr.24
21760.0
-160.0
(-0.73%)
T/C for domestic zinc concentrate
Apr.01
6350.0
200.0
(3.25%)
T/C for imported zinc concentrate
Apr.01
240.0
5.0
(2.13%)
Zinc Alloy (Zamak3/ZX01)
Apr.24
22660.0
-160.0
(-0.70%)

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