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Home / Metal News / SHFE Zinc to Stay Range-Bound (2016-12-29)

SHFE Zinc to Stay Range-Bound (2016-12-29)

Dec 29, 2016 09:39

Source:SMM

The number of US initial jobless claims for the week ending December 24 due for release today is expected to be lower.

SHANGHAI, Dec. 29 (SMM) – The number of US initial jobless claims for the week ending December 24 due for release today is expected to be lower. LME zinc will move between USD 2,550-2,600/mt, and SHFE 1703 zinc should fluctuate between RMB 20,700-21,000/mt today, with spot premiums of RMB 200-290mt against SHFE 1702 zinc.

LME Zinc prices

SHFE zinc prices

zinc prices

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SHFE Zinc to Stay Range-Bound (2016-12-29)

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