Home / Metal News / LME Zinc to Meet Pressure (2017-5-5)

LME Zinc to Meet Pressure (2017-5-5)

iconMay 5, 2017 09:12
LME zinc clawed back intraday gains overnight. US non-farm employment data are expected to far top previous data, weighing down LME zinc. Investors will trade cautiously awaiting non-farm report.

SHANGHAI, May 5 (SMM) – LME zinc clawed back intraday gains overnight. US non-farm employment data are expected to far top previous data, weighing down LME zinc. Investors will trade cautiously awaiting non-farm report.

LME zinc will move between USD 2,560-2,600/mt today. SHFE 1706 zinc should fluctuate between RMB 21,400-21,700/mt, with spot prices RMB 270-320/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 exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news