Zinc Prices to Consolidate at Current Level (2017-3-31)

Published: Mar 31, 2017 09:53

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China’s official manufacturing PMI in March and eurozone March CCI due for release today are expected to be mixed.

SHANGHAI, Mar. 31 (SMM) – China’s official manufacturing PMI in March and eurozone March CCI due for release today are expected to be mixed.

LME zinc will consolidate between USD 2,830-2,870/mt today, and SHFE 1705 zinc should hover between RMB 23,200-23,700/mt today, with spot prices RMB 70-30/mt below SHFE 1705 zinc.

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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