Zinc to Stay Range-Bound (2017-4-26)

Published: Apr 26, 2017 09:43

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EIA crude oil inventories for the US in the week ending April 21 will be released this evening, which are expected to fall further and boost oil prices.

SHANGHAI, Apr. 26 (SMM) – EIA crude oil inventories for the US in the week ending April 21 will be released this evening, which are expected to fall further and boost oil prices. LME zinc will also receive a boost and will move between USD 2,590-2,650/mt today. SHFE 1706 zinc should fluctuate between RMB 21,440-21,800/mt, with spot prices RMB 320-380/mt above SHFE 1706 zinc.

LME Zinc prices SHFE zinc prices zinc prices

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