SHFE Zinc to Remain Range-Bound (2017-6-1)

Published: Jun 1, 2017 09:27

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Manufacturing PMIs from China, US and Europe and Caixin’s manufacturing PMI for China in May due for release today are expected to fall slightly.

SHANGHAI, Jun. 1 (SMM) – Manufacturing PMIs from China, US and Europe and Caixin’s manufacturing PMI for China in May due for release today are expected to fall slightly. LME zinc will move between USD 2,580-2,630/mt today. SHFE 1707 zinc will fluctuate between RMB 21,700-22,100/mt, with spot prices RMB 500-600/mt above SHFE 1707 zinc.

LME Zinc prices SHFE zinc prices zinc prices

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