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

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Home / Metal News / Zinc / SHFE Zinc Prices to Stay Range-Bound (2017-3-1)

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

Mar 1,2017 09:53

CST

price review forecast

Source:SMM

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.

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