SHFE Zinc to Fluctuate Narrowly (2016-12-7)

Published: Dec 7, 2016 09:17
Industry output in UK and Germany in October due for release today is promising, pointing to stabilizing economy in the eurozone.

SHANGHAI, Dec. 7 (SMM) – Industry output in UK and Germany in October due for release today is promising, pointing to stabilizing economy in the eurozone. LME zinc will hover between USD 2,770-2,830/mt today, and SHFE 1702 zinc should fluctuate between RMB 22,950-23,500/mt today, with spot premiums of RMB 20-60/mt against SHFE 1701 zinc.

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SHFE Zinc to Fluctuate Narrowly (2016-12-7) - Shanghai Metals Market (SMM)