SHANGHAI, Apr. 17 (SMM) – Zinc prices are expected to inch down this week, SMM foresees.
LME zinc may edge down to $2,520-2,620 per tonne this week, SMM predicts. SHFE May zinc will weaken to a range of 21,000-2,2000 yuan per tonne.
Fundamentals will give more profound effect on the zinc market, SMM said. Downstream producer demand is weakening.
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