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Zinc Price to Fall This Week, SMM Predicts
Apr 17, 2017 10:23Source:SMM
Zinc prices are expected to inch down this week, SMM foresees.
SHANGHAI, Apr. 17 (SMM) – Zinc prices are expected to inch down this week, SMM foresees.
Zinc Inventories Decrease in China Major Markets, SMM Reports
China Zinc Concentrate TCs Hold Stable, SMM Reports
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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LME Zinc prices
SHFE zinc prices
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