SHANGHAI, Jun. 2 (SMM) – LME zinc posted a 3-day losing streak, and is expected to weaken today, fluctuating between USD 2,550-2,590/mt. SHFE 1707 zinc will fluctuate between RMB 21,600-21,900/mt, with spot prices RMB 50-0/mt below SHFE 1706 zinc and RMB 650-700/mt above SHFE 1707 zinc.
SHFE Zinc to Remain Range-Bound (2017-6-2)
LME zinc posted a 3-day losing streak, and is expected to weaken today, fluctuating between USD 2,550-2,590/mt.
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.
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