SHFE Zinc to Remain Range-Bound (2016-12-6)

Published: Dec 6, 2016 09:29

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Eurozone final Q3 growth and US October durable goods orders will be released today.

SHANGHAI, Dec. 6 (SMM) – Eurozone final Q3 growth and US October durable goods orders will be released today. US data will fall short of September’s and forecast. LME zinc will hover between USD 2,740-2,800/mt today, and SHFE 1702 zinc should fluctuate between RMB 22,850-23,380/mt today, with spot premiums of RMB 20-50/mt against SHFE 1701 zinc.

LME Zinc prices SHFE zinc prices zinc prices

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