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

Published: May 8, 2017 09:41
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. 

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LME Zinc to Receive Boost (2017-5-8) - Shanghai Metals Market (SMM)