LME Zinc to Stay Firm (2017-7-5)

Published: Jul 5, 2017 09:26

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LME zinc will trade at USD 2,775-2,805/mt on Wednesday and SHFE 1709 zinc will keep rising with price range at RMB 22,800-23,130/mt.

SHANGHAIM, Jul. 5 (SMM) – Attention should be on Eurozone’s retail sales in May and US’s factory orders on Wednesday, which will be mixed. LME zinc will trade at USD 2,775-2,805/mt on Wednesday and SHFE 1709 zinc will keep rising with price range at RMB 22,800-23,130/mt.

In China’s domestic market, spot zinc should trade at discounts of RMB 20/mt to premiums of RMB 130/mt on Wednesday.

SHFE zinc LME zinc zinc prices

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