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Home / Metal News / SHFE Zinc Prices to Remain Range-Bound (2017-4-12)

SHFE Zinc Prices to Remain Range-Bound (2017-4-12)

Apr 12, 2017 09:26

Source:SMM

LME zinc is expected to move between USD 2,540-2,595/mt today.

SHANGHAI, Apr. 12 (SMM) – LME zinc is expected to move between USD 2,540-2,595/mt today. The market will keep an eye on EIA oil inventory change for the week ending April 7. SHFE 1706 zinc should fluctuate between RMB 21,100-21,500/mt, with spot prices RMB 200-250/mt above SHFE 1705 zinc. China’s annualized March CPI and PPI will be released today.

LME Zinc prices

SHFE zinc prices

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SMM Comments

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SHFE Zinc Prices to Remain Range-Bound (2017-4-12)

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