Home / Metal News / Zinc / SHFE Zinc to Stay Range-Bound (2017-6-16)
SHFE Zinc to Stay Range-Bound (2017-6-16)
Jun 16,2017 09:29CST
price review forecast
Source:SMM
LME zinc closed with gains but lacked upward momentum.

SHANGHAI, Jun. 16 (SMM) – LME zinc closed with gains but lacked upward momentum. US housing starts in May due for release today are promising, weighing on base metals. LME zinc is expected to move between USD 2,490-2,530/mt today. SHFE 1708 zinc is expected to fluctuate between RMB 20,900-21,200/mt, with spot prices RMB 500-550/mt above SHFE 1707 zinc. 

LME Zinc prices
SHFE zinc prices
zinc prices

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news