LME Zinc to Have Strong Support (2017-7-3)

Jul 3, 2017 09:18

LME zinc rose further and still has upward momentum.

SHANGHAI, Jul. 3 (SMM) – LME zinc rose further and still has upward momentum. Markit’s final June manufacturing PMI for eurozone, eurozone unemployment in May and Markit’s final June manufacturing PMI for the US will be released today. LME zinc is expected to see cautious trading, with prices moving between USD 2,740-2,780/mt today. SHFE 1708 zinc is expected to fluctuate between RMB 22,600-22,800/mt, with spot prices RMB 50/mt below or RMB 150/mt above SHFE 1707 zinc. Caixin’s June manufacturing PMI for China will be released today.

LME Zinc prices

SHFE zinc prices

zinc prices

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LME Zinc to Have Strong Support (2017-7-3)

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