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Home / Metal News / SHFE Zinc to Lack upward Momentum (2017-6-23)

SHFE Zinc to Lack upward Momentum (2017-6-23)

Jun 23, 2017 09:22

Source:SMM

LME zinc will get support due to short squeeze, and is expected to move between USD 2,660-2,720/mt today.

SHANGHAI, Jun. 23 (SMM) – LME zinc will get support due to short squeeze, and is expected to move between USD 2,660-2,720/mt today. SHFE 1708 zinc is expected to fluctuate between RMB 21,900-22,330/mt, with spot prices RMB 350-450/mt above SHFE 1707 zinc.

LME Zinc prices

SHFE zinc prices

zinc prices

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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SHFE Zinc to Lack upward Momentum (2017-6-23)

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