LME Zinc to Move in Narrow Range (2017-7-7)

Published: Jul 7, 2017 09:20
ADP employment data were downbeat, and may support base metals.

SHANGHAI, Jul. 7 (SMM) – ADP employment data were downbeat, and may support base metals. LME zinc failed to break through USD 2,800/mt and is expected to move between USD 2,760-2,800/mt today. SHFE 1708 zinc is expected to fluctuate between RMB 22,650-22,960/mt, with spot prices RMB 20/mt below or RMB 130/mt above SHFE 1707 zinc. 

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