SHFE Zinc Prices to Stay Range-Bound (2017-3-1)

Published: Mar 1, 2017 09:53

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February manufacturing PMIs from China, US and UK, US January PCE, household spending due for release today are expected to be mixed.

SHANGHAI, Mar. 1 (SMM) – February manufacturing PMIs from China, US and UK, US January PCE, household spending due for release today are expected to be mixed. LME zinc will move between USD 2,790-2,840/mt today, and SHFE 1704 zinc should fluctuate between RMB 22,750-23,150/mt today, with spot prices RMB 110-80/mt below SHFE 1704 zinc.

LME Zinc prices SHFE zinc prices zinc prices

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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