LME Zinc to Fluctuate at Lows (2017-4-28)

Published: Apr 28, 2017 09:10

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Eurozone April CPI, US PCE and GDP data slated for release today are expected to be mixed.

SHANGHAI, Apr. 28 (SMM) – Eurozone April CPI, US PCE and GDP data slated for release today are expected to be mixed. Trading will be done cautiously. LME zinc will move between USD 2,600-2,650/mt today. Zinc downstream demand is still soft. SHFE 1706 zinc should fluctuate between RMB 21,500-21,900/mt, with spot prices RMB 340-390/mt above SHFE 1706 zinc.

LME Zinc prices SHFE zinc prices zinc prices

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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