Zinc Price to Rally This Week, SMM Predicts

Published: Mar 10, 2017 20:08

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Zinc prices are expected to rise in the coming week, SMM foresees.

SHANGHAI, Mar. 10 (SMM) – Zinc prices are expected to rise in the coming week, SMM foresees.

Will Zinc Get Boost after Output Cut Deal? SMM Reports

LME zinc will rally to $2,700-2,820 per tonne next week, SMM predicts. SHFE May zinc will rise to 22,000-22,800 yuan per tonne.

China’s inventories in Shanghai, Guangdong and Tianjin decreased. This may give some confidence to investors, SMM said.

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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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