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SHFE Zinc to Remain Range-Bound (2016-12-2)
Dec 2, 2016 09:29Source:SMM
US November non-farm employment due for release today is promising, which will support the US dollar index.
SHANGHAI, Dec. 2 (SMM) – US November non-farm employment due for release today is promising, which will support the US dollar index. The market will remain cautious before the release of the data. LME zinc will hover between USD 2,710-2,770/mt today, and SHFE 1702 zinc should fluctuate between RMB 22,650-23,200/mt today, with spot premiums of RMB 20-60/mt against SHFE 1701 zinc.
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