SHFE Zinc to Remain Range-Bound (2016-12-23)

Published: Dec 23, 2016 09:26
US November new home sales UK’s Q3 GDP will be released today, with US data promising.

SHANGHAI, Dec. 23 (SMM) – US November new home sales UK’s Q3 GDP will be released today, with US data promising. LME zinc will hover between USD 2,610-2,660/mt today, and SHFE 1702 zinc should fluctuate between RMB 21,150-21,600/mt today, with spot premiums of RMB 80-160/mt against SHFE 1702 zinc.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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