LME Zinc to Have Support (2017-6-30)-Shanghai Metals Market

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LME Zinc to Have Support (2017-6-30)

Price Review & Forecast 09:37:15AM Jun 30, 2017 Source:SMM

SHANGHAI, Jun. 30 (SMM) – Eurozone CPI due for release today is promising. LME zinc is expected to move between USD 2,740-2,780/mt today. SHFE 1708 zinc is expected to fluctuate between RMB 22,460-22,800/mt, with spot prices RMB 30-0/mt below SHFE 1707 zinc. 

LME Zinc to Have Support (2017-6-30)

Price Review & Forecast 09:37:15AM Jun 30, 2017 Source:SMM

SHANGHAI, Jun. 30 (SMM) – Eurozone CPI due for release today is promising. LME zinc is expected to move between USD 2,740-2,780/mt today. SHFE 1708 zinc is expected to fluctuate between RMB 22,460-22,800/mt, with spot prices RMB 30-0/mt below SHFE 1707 zinc.