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LME Zinc to Hover at Highs (2017-3-29)
Mar 29, 2017 09:51Source:SMM
LME zinc will hover at highs on Wednesday and will move at USD 2,780-2,840/mt. SHFE 1705 zinc will fluctuate between RMB 22,800-23,300/mt.
SHANGHAI, Mar. 29 (SMM) – LME zinc closed higher on Tuesday’s night trading. LME zinc will hover at highs on Wednesday and will move at USD 2,780-2,840/mt. SHFE 1705 zinc advanced to above all the moving averages on Tuesday’s night trading and will fluctuate between RMB 22,800-23,300/mt on Wednesday.
In China’s domestic market, spot zinc should trade at discounts of RMB 60-30/mt on Wednesday.
SHFE zinc
LME zinc
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