SHFE Zinc to Stay Range-Bound (2017-6-19)-Shanghai Metals Market

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SHFE Zinc to Stay Range-Bound (2017-6-19)

Price Review & Forecast 09:37:25AM Jun 19, 2017 Source:SMM

SHANGHAI, Jun. 19 (SMM) – The pound will stabilize today with uncertainties over Brexit. LME zinc is expected to move between USD 2,510-2,540/mt today. SHFE 1708 zinc is expected to fluctuate between RMB 20,950-21,270/mt, with spot prices RMB 600-900/mt above SHFE 1707 zinc. 

SHFE Zinc to Stay Range-Bound (2017-6-19)

Price Review & Forecast 09:37:25AM Jun 19, 2017 Source:SMM

SHANGHAI, Jun. 19 (SMM) – The pound will stabilize today with uncertainties over Brexit. LME zinc is expected to move between USD 2,510-2,540/mt today. SHFE 1708 zinc is expected to fluctuate between RMB 20,950-21,270/mt, with spot prices RMB 600-900/mt above SHFE 1707 zinc.