SHFE Zinc to Hold Strong (2017-5-10)

Published: May 10, 2017 09:09

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Eurozone 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.

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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