SHANGHAI, Mar. 17 (SMM) – LME zinc will move between USD 2,800-2,850/mt today, and SHFE 1705 zinc should fluctuate between RMB 22,900-23,400/mt today, with spot prices RMB 80-50/mt below SHFE 1704 zinc. US February industrial output, manufacturing output, March University of Michigan’s CCI and LMCI in February will be released today.
SHFE Zinc Prices to Stay Range-Bound (2017-3-17)
LME zinc will move between USD 2,800-2,850/mt today, and SHFE 1705 zinc should fluctuate between RMB 22,900-23,400/mt today, with spot prices RMB 80-50/mt below SHFE 1704 zinc.
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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