SHFE Zinc to Fluctuate at Highs (2016-11-29)-Shanghai Metals Market

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SHFE Zinc to Fluctuate at Highs (2016-11-29)

Price Review & Forecast 09:35:56AM Nov 29, 2016 Source:SMM

SHANGHAI, Nov. 29 (SMM) – Eurozone November economic sentiment index due for release this evening is expected to improve, boosting commodities.

LME zinc will hover at highs between USD 2,830-2,900/mt today, and SHFE 1701 zinc should fluctuate between RMB 24,000-24,350/mt today, with spot premiums of RMB 0-40/mt against SHFE 1701 zinc.

Price

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1# Zinc
Apr.19
21820.0
-40.0
(-0.18%)
0# Zinc
Apr.19
21890.0
-40.0
(-0.18%)
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.19
22790.0
-40.0
(-0.18%)

SHFE Zinc to Fluctuate at Highs (2016-11-29)

Price Review & Forecast 09:35:56AM Nov 29, 2016 Source:SMM

SHANGHAI, Nov. 29 (SMM) – Eurozone November economic sentiment index due for release this evening is expected to improve, boosting commodities.

LME zinc will hover at highs between USD 2,830-2,900/mt today, and SHFE 1701 zinc should fluctuate between RMB 24,000-24,350/mt today, with spot premiums of RMB 0-40/mt against SHFE 1701 zinc.