SHFE Zinc to Move at Highs (2017-6-22)-Shanghai Metals Market

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SHFE Zinc to Move at Highs (2017-6-22)

Price Review & Forecast 09:31:55AM Jun 22, 2017 Source:SMM

SHANGHAI, Jun. 22 (SMM) – LME zinc will lack upward momentum today, but will receive support due to promising CCI in the eurozone. LME zinc is expected to move between USD 2,605-2,660/mt today. SHFE 1708 zinc is expected to fluctuate between RMB 21,610-22,160/mt, with spot prices RMB 540-680/mt above SHFE 1707 zinc. 

SHFE Zinc to Move at Highs (2017-6-22)

Price Review & Forecast 09:31:55AM Jun 22, 2017 Source:SMM

SHANGHAI, Jun. 22 (SMM) – LME zinc will lack upward momentum today, but will receive support due to promising CCI in the eurozone. LME zinc is expected to move between USD 2,605-2,660/mt today. SHFE 1708 zinc is expected to fluctuate between RMB 21,610-22,160/mt, with spot prices RMB 540-680/mt above SHFE 1707 zinc.