SHFE Zinc Prices to Remain Range-Bound (2017-4-11)

Published: Apr 11, 2017 09:25
LME zinc pointed toward USD 2,600/mt overnight.

SHANGHAI, Apr. 11 (SMM) – LME zinc pointed toward USD 2,600/mt overnight. ZEW’s April Economic Climate Index for Germany and Europe, NFIB’s March CCI at small enterprises in the US due for release today are expected to be mixed. LME zinc is expected to move between USD 2,600-2,650/mt. SHFE 1706 zinc should fluctuate between RMB 21,500-22,100/mt, with spot prices RMB 110-130/mt above SHFE 1705 zinc. 

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