SHFE Zinc to Recover Losses (2017-6-12)-Shanghai Metals Market

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SHFE Zinc to Recover Losses (2017-6-12)

Price Review & Forecast 09:44:17AM Jun 12, 2017 Source:SMM

SHANGHAI, Jun. 12 (SMM) – LME zinc is expected to move between USD 2,525-2,580/mt today. SHFE 1708 zinc found support from the 40-week moving average and will fluctuate between RMB 21,300-21,630/mt, with spot prices RMB 850-900/mt above SHFE 1707 zinc.

SHFE Zinc to Recover Losses (2017-6-12)

Price Review & Forecast 09:44:17AM Jun 12, 2017 Source:SMM

SHANGHAI, Jun. 12 (SMM) – LME zinc is expected to move between USD 2,525-2,580/mt today. SHFE 1708 zinc found support from the 40-week moving average and will fluctuate between RMB 21,300-21,630/mt, with spot prices RMB 850-900/mt above SHFE 1707 zinc.