Zinc to Stay Range-Bound (2017-4-27)

Published: Apr 27, 2017 09:10
Eurozone April economic climate index and European Central Bank interest decision will be announced today.

SHANGHAI, Apr. 27 (SMM) – Eurozone April economic climate index and European Central Bank interest decision will be announced today. The data are promising. US seasonally adjusted pending home sales in March are expected to be downbeat. LME zinc will move between USD 2,600-2,650/mt today. SHFE 1706 zinc should fluctuate between RMB 21,620-21,910/mt, with spot prices RMB 320-370/mt above SHFE 1706 zinc. 

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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