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SHFE Zinc to Hold Strong (2017-5-10)
May 10, 2017 09:09Eurozone economy will receive a boost after Emmanuel Macron won French presidential election.
SHANGHAI, May 10 (SMM) – Eurozone economy will receive a boost after Emmanuel Macron won French presidential election. LME zinc was also driven up. EIA’s crude oil inventories for the US fell sharply.LME zinc will move between USD 2,590-2,640/mt today. SHFE 1707 zinc should fluctuate between RMB 21,600-21,900/mt, with spot prices RMB 280-390/mt above SHFE 1705 zinc.
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