SHANGHAI, Nov. 22 (SMM) – US October existing home sales and Markit’s November manufacturing PMI due for release today will remain flat or fall short of market expectations. LME zinc will move between USD 2,540-2,600/mt today, and SHFE 1701 zinc should fluctuate between RMB 20,900-21,400/mt today, with spot premiums of RMB 70-90/mt against SHFE 1701 zinc.
Zinc to Fluctuate at Highs (2016-11-22)
US October existing home sales and Markit’s November manufacturing PMI due for release today will remain flat or fall short of market expectations
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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