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Home / Metal News / Societe Generale: Zinc Prices May See Further Fall in Near Term

Societe Generale: Zinc Prices May See Further Fall in Near Term

iconMay 17, 2017 10:18
Societe Generale Head of cross asset Technical Analysis Stephanie Aymes said in a report zinc prices have found support from $2,520 per tonne.

SHANGHAI, May 17 (SMM) - Societe Generale Head of cross asset Technical Analysis Stephanie Aymes said in a report zinc prices have found support from $2,520 per tonne. If zinc closes below this level, it means prices may fall further toward $2,416-2,396 per tonne, wenhua.com reported.

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LME zinc dropped to the lowest over the past month Tuesday.

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LME Zinc prices
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zinc prices
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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