SHFE Zinc Prices to Remain Range-Bound (2017-3-14)

Published: Mar 14, 2017 09:28
Base metals mostly stabilized overnight. LME zinc will rally to USD 2,720-2,780/mt today, and SHFE 1705 zinc should fluctuate between RMB 22,300-22,750/mt today, with spot prices RMB 80-40/mt below SH

SHANGHAI, Mar. 14 (SMM) – Base metals mostly stabilized overnight. LME zinc will rally to USD 2,720-2,780/mt today, and SHFE 1705 zinc should fluctuate between RMB 22,300-22,750/mt today, with spot prices RMB 80-40/mt below SHFE 1704 zinc. China’s industrial, consumption and investment data in February will be released today. 

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