SHFE Zinc to Fluctuate Weakly (2016-11-30)

Price Review & Forecast 09:55:58AM Nov 30, 2016 Source:SMM

SHANGHAI, Nov. 30 (SMM) – OPEC meeting today and a series of US economic data will keep market cautious. LME zinc will hover between USD 2,710-2,770/mt today, and SHFE 1701 zinc should fluctuate between RMB 22,600-23,000/mt today, with spot premiums of RMB 60-90/mt against SHFE 1701 zinc.

SHFE Zinc to Fluctuate Weakly (2016-11-30)

Price Review & Forecast 09:55:58AM Nov 30, 2016 Source:SMM

SHANGHAI, Nov. 30 (SMM) – OPEC meeting today and a series of US economic data will keep market cautious. LME zinc will hover between USD 2,710-2,770/mt today, and SHFE 1701 zinc should fluctuate between RMB 22,600-23,000/mt today, with spot premiums of RMB 60-90/mt against SHFE 1701 zinc.