SHFE Zinc to Lack Ability to Rise (2017-5-11)

Published: May 11, 2017 09:11
The Bank of England will announce benchmark rate today.

SHANGHAI, May 11 (SMM) – The Bank of England will announce benchmark rate today. The market is cautious toward US’s April PPI due for release today. LME zinc will move between USD 2,580-2,630/mt today. SHFE 1707 zinc should fluctuate between RMB 21,480-21,810/mt, with spot prices RMB 250-360/mt above SHFE 1705 zinc. 

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SHFE Zinc to Lack Ability to Rise (2017-5-11) - Shanghai Metals Market (SMM)