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SHFE Zinc Prices to Experience Corrections (2017-4-6)
Apr 6, 2017 09:18Source:SMM
LME zinc will consolidate between USD 2,760-2,800/mt today, and SHFE 1705 zinc should fluctuate between moving averages and find support from the 60-day moving average, hovering between RMB 22,850-23,
SHANGHAI, Apr. 6 (SMM) – LME zinc will consolidate between USD 2,760-2,800/mt today, and SHFE 1705 zinc should fluctuate between moving averages and find support from the 60-day moving average, hovering between RMB 22,850-23,300/mt, with spot prices RMB 50-20/mt below SHFE 1705 zinc. Caixin’s service PMI for China in March will be released today.
LME Zinc prices
SHFE zinc prices
zinc prices
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