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Home / Metal News / SHFE Zinc to Remain Range-Bound (2017-6-1)

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

Jun 1, 2017 09:27

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

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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Aug 30, 2017 18:18

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

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