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Home / Metal News / LME Zinc to Fluctuate at Highs (2017-1-24)

LME Zinc to Fluctuate at Highs (2017-1-24)

Jan 24, 2017 09:35

Source:SMM

US December existing home sales and eurozone January manufacturing PMI due for release today will fall short of November, dragging down the US dollar index and supporting base metals.

SHANGHAI, Jan. 24 (SMM) – US December existing home sales and eurozone January manufacturing PMI due for release today will fall short of November, dragging down the US dollar index and supporting base metals. LME zinc will move between USD 2,760-2,820/mt today, and SHFE 1703 zinc should fluctuate between RMB 22,700-23,000/mt today, with spot prices moving RMB 40/mt below or RMB 30/mt above SHFE 1703 zinc.

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