SHFE Zinc to Fluctuate Weakly (2016-11-30)-Shanghai Metals Market

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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.

Price

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1# Zinc
Apr.22
21890.0
70.0
(0.32%)
0# Zinc
Apr.22
21960.0
70.0
(0.32%)
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 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.