Metals News
SHFE Zinc to Remain Range-Bound (2017-6-1)
price review forecast
09:27AM
Jun 1,2017
Source:SMM

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. 

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