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Home / Metal News / SHFE Zinc to Remain Range-Bound (2017-6-5)

SHFE Zinc to Remain Range-Bound (2017-6-5)

Jun 5, 2017 09:42

Source:SMM

Markit’s service PMI for UK in May due for release today is expected to fall short of April’s.

SHANGHAI, Jun. 5 (SMM) – Markit’s service PMI for UK in May due for release today is expected to fall short of April’s. When combined with terrorist attack in the UK, risk aversion may increase, weighing down LME zinc. LME zinc is expected to move between USD 2,510-2,560/mt today. SHFE 1707 zinc will fluctuate between RMB 21,530-21,850/mt, with spot prices RMB 70-50/mt below SHFE 1706 zinc and RMB 580-600/mt above SHFE 1707 zinc. Caixin’s service PMI for China in May will also be eyed.

LME Zinc prices

SHFE zinc prices

zinc prices

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Jul 31, 2017 11:21

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SMM Comments

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Jul 25, 2017 17:50

SMM Comments

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Jul 25, 2017 13:45

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Jul 19, 2017 17:42

SMM Comments

SHFE 1706 Zinc Sees Price Gains (2017-5-2)

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May 2, 2017 17:02

SMM Comments

SHFE 1706 Zinc Sees Price Gains (2017-5-2)

Zinc Prices to Fluctuate in Narrow Range This Week, SMM Foresees

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SHFE Zinc to Remain Range-Bound (2017-6-5)

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