Zinc to Fluctuate at Highs (2016-11-22)

Price Review & Forecast 09:24:02AM Nov 22, 2016 Source:SMM

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)

Price Review & Forecast 09:24:02AM Nov 22, 2016 Source:SMM

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.