LME Zinc to Receive Boost (2017-5-8)

Published: May 8, 2017 09:41

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Sentix investor confidence index for eurozone in May and US April LMCI due for release today are promising, boding well for European and US economies.

SHANGHAI, May 8 (SMM) – Sentix investor confidence index for eurozone in May and US April LMCI due for release today are promising, boding well for European and US economies. This will boost LME zinc.

LME zinc will move between USD 2,570-2,610/mt today. SHFE 1706 zinc should fluctuate between RMB 21,150-21,550/mt, with spot prices RMB 260-350/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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